AUTONATION TO PURCHASE SIX CAR DEALERSHIPS

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DALLAS AND HOUSTON — AutoNation has signed agreements to acquire Audi, Porsche and three Volkswagen dealerships in the Dallas area, along with Spring Chrysler Jeep Dodge Ram in Houston. The six dealerships are projected to sell 14,000 new and used vehicles in 2012. At the end of this deal, AutoNation will have 50 franchises in Texas. The Boardwalk Audi and Boardwalk Porsche are located in Plano and the Boardwalk Volkswagen stores are located in Dallas, Richardson and McKinney.

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