Slide 1: 2001 Annual Report
America’s largest automotive retailer
Slide 2: Financial HIGHLIGHTS
Total Revenue Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA)
Millions
$20.0
Diluted Earnings Per Share from Continuing Operations
$1.00
Billions
$20
$20.1
$20.6
$700 600 500
$588
$692 $644 $663 $587
.90 .80 .70
$.66
$.91 $.84 $.73 $.87
15
$12.7
$438
.60 .50 .40 .30 .20
$110 $.48
400 300 200
10 100 0
1998 1999 2000 2001
Reported results.
.10 0 (.10)
$(.07)
1998
1999
2000
2001
1998
1999
2000
2001
Pro forma results. These results exclude certain charges and gains and are not presented on a basis consistent with generally accepted accounting principles in the United States. Please refer to page 21 of the attached 2001 Annual Report Form 10-K for a reconciliation of these results to reported figures and to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section of the Form 10-K for further details about these charges and gains.
Consolidated Earnings and Balance Sheet Highlights
AS OF AND FOR THE YEAR ENDED DECEMBER 31,
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See legend above. 12000 figure reflects reclassification of certain items. 2Long-term debt in 1998, 1999 and 2000 includes certain operating leases. Shareholders' equity in 2000 reflects the impact of the tax-free spin-off of the Company's former vehicle rental businesses (ANC Rental Corp.) to AutoNation shareholders.
3
Business DESCRIPTION
AutoNation, Inc. is America’s largest retailer of both new and used vehicles. As of March 15, 2002, we owned and operated 371 new vehicle franchises from dealership locations in 17 states, predominantly in the Sunbelt. Each of our automotive franchised dealerships offers a diverse range of automotive products and services beyond new and used vehicles that includes vehicle maintenance and repair services, vehicle parts, extended service contracts, insurance products and other aftermarket products, and each also arranges financing for vehicle purchases through third-party sources. Additionally, we operate collision repair centers in most of our key markets. The vehicles we sell are manufactured by Ford, General Motors, DaimlerChrysler, Toyota, Nissan, Honda and BMW. These manufacturers represent approximately 95% of the new vehicles that we sold in 2001. In total, we offer 35 different brands of new vehicles.
Slide 3: AutoNation Annual Report 2001
A letter to
SHAREHOLDERS
(left to right)
To Our Shareholders: 2001 was a year in which we enjoyed successes with all of our core constituencies. Our customers purchased 712,000 new and used vehicles from us, helping our company become America's undisputed leader in automotive retail for a fifth straight year. On Wall Street, our investors rallied behind AutoNation's solid earnings, cash flow and same-store sales in the face of economic challenges. Their enthusiasm helped generate more than $2 billion of shareholder value as AutoNation's shares rose 106% and the number of investment analysts covering the company doubled. Meanwhile, in a Fortune magazine survey released this year, industry analysts and peers voted us “America's Most Admired Company” in the automotive retailing and services sector, giving AutoNation high marks for its innovative culture, quality of management, financial soundness and – most important – for the caliber of its people. Indeed, it was these 30,000 company associates whom we relied on most last year in our drive to be America's best run, most profitable and most valued automotive retailer. Together, we relentlessly pursued operational improvements and scale advantages. We reinvested our cash for higher returns and strengthened our balance sheet. We merchandised better and found faster and more competitive ways to offer the repair and maintenance services that only factoryauthorized stores like ours can provide. And we capitalized on the strengths that remain unique
to our brand of pure-play, specialty retailing. A great example: In 2001, we drove operational improvements in the used vehicle, parts and service, and finance and insurance areas of our automotive franchises. These higher-margin areas offered opportunities that we believed were great enough to offset challenges in the U.S. new vehicle market last year.
Craig T. Monaghan Chief Financial Officer H. Wayne Huizenga Chairman Mike Jackson Chief Executive Officer Michael E. Maroone President & Chief Operating Officer
And they were. Although collectively accounting for about a third of our total revenue, these higher-margin areas that are unique to automotive retail delivered 68% of AutoNation's gross margin in 2001, enabling us to deliver more AutoNation's Stock Price Rises 106% (Dec. 2000-Dec. 2001) store-level profit $13.00 $12.33 than in 2000. In $11.65 $11.60 $11.45 $11.06 $10.85 $11.00 addition, the $10.76 $10.29 diversity of the 35 $9.00 $ 9.00 $8.79 vehicle brands we $8.30 $7.50 sell and of the 20 $ 7.00 $6.00 major markets we operate in made us $ 5.00 even more resilient.
MONTH-END PRICE PER SHARE
In fact, because of 12/00 1/01 5/01 2/01 3/01 4/01 these strengths, and the contribution of these higher-margin activities, we accomplished the following in 2001: • Record full-year earnings per share from continuing operations of $0.87, before certain charges and gains. • Record earnings before interest, taxes, depreciation and amortization (EBITDA) of $663 million, before certain charges and gains.
$ 3.00
6/01
7/01
8/01
9/01
10/01
11/01
12/01
Slide 4: AutoNation sold 712,000 new and used vehicles in 2001,
• A full-year gross margin of 14.4%, up 70 basis points from a year ago. • The repurchase of 7% of our outstanding shares for $257 million, at an average price of $9.41 per share.
• Our first senior note offering, a $450 million issue that strengthened the make-up of our capital structure and Our Vision introduced our company to a new audience of investors. Customer Focus Driven to Be the Best
SM
We call that vision our Driven to Be the Best focus, which took hold last year as we drove improvements in our higher-margin areas. This focus is founded on principles of operational excellence. When you sell 2,000 vehicles a day and service 25,000 vehicles a day, operational excellence is what ensures your business will grow and your customers will continue to come back to you. This foundation of operational excellence supports four key pillars of the Driven to Be the Best vision. They are:
Information & e-Technology Superior Experiences Productivity Improvements Scale Dominant Advantages Brands
• Superior Experiences. We take the wealth of retail knowledge that we possess and use it to create better Operational Excellence experiences for the customer. These experiences are designed to be “hassle-free” and are shaped to drive strong repeat and referral business. As the industry's largest player, we know we have great Most significantly, in 2001 our company adopted a cultural mindset that positioned us for future growth in earnings and shareholder returns. stores and talent. But being big isn't enough to remain valued in the eyes of both shareholders and customers. AutoNation must also be driven in its quest for excellence. And we have a vision to get us there. • Scale Advantages. Because no other automotive retailer has our scale, we have a wealth of opportunities to create sustainable competitive advantages.
Slide 5: AutoNation Annual Report 2001
making us America’s largest automotive retailer.
Already we enjoy lower costs of capital, lower costs for employee benefits and preferred relationships with certain vendors that are difficult to match. • Productivity Improvements. This probably is the greatest opportunity we have at AutoNation. By combining the entrepreneurial talents of our store managers with proven best practices, we have found better and faster ways to manage our inventories, to deliver vehicle services and to present and sell our finance and insurance products. These productivity gains go straight to the bottom line and create shareholder value. • Dominant Brands. We strive to have between 10% and 20% of a market's new vehicle sales each time we consolidate our stores behind a local brand name such as “John Elway”, “Maroone” or “AutoWay”. By comparison, a typical competitor will have a market share in the low single digits. With that kind of advantage, we believe customers in these markets won't be able to make an intelligent buying decision without considering one of our stores. Finally, this Driven to Be the Best vision is supported by the wise use of information and e-technology. In this
sense, we've already realized this aspect of our vision by growing AutoNation into the Web's largest retailer of automobiles, selling $1.8 billion worth of vehicles via the Internet in 2001. However, while we're proud of our achievements in 2001, we expect to enjoy greater rewards as our Driven to Be the Best focus gains further traction in our stores, among our associates and throughout the highermargin areas of our business that we've outlined above. We thank you for your continued interest and support in AutoNation and look forward to reporting back with more successes. Sincerely,
H. Wayne Huizenga Chairman
Mike Jackson Mike Maroone Chief Executive Officer President & Chief Operating Officer
Slide 6: PARTS AND SERVICE
When Super Bowl MVP John Elway represents our “John Elway” brand in Denver and our “Desert” brand in Las Vegas, he often promotes our dealerships’ vehicle services. With 8,000 service bays, AutoNation is America's largest provider of factory-authorized vehicle maintenance and repair services.
Guarantees
Price. Service. Selection.
at John Elway it’s GUARANTEED.
Driven to be
NEW AND USED VEHICLE SALES
With 35 different brands of vehicles to offer across 371 retail franchises, we sell more new and used vehicles than any other retailer.
NFL legend Dan Marino speaks for three of our local market brands – “Maroone” in South Florida, “AutoWay” in Tampa Bay and “Courtesy” in Orlando.
Slide 7: AutoNation Annual Report 2001
the best
SM
Across our markets, our franchises, in every way we serve customers…
e-COMMERCE
Our in-store Internet Sales Guides sold $1.8 billion worth of new and used vehicles to shoppers they met via the Internet. Through our websites, we offer an online inventory of more than 100,000 vehicles, each with an everyday low price.
FINANCE AND INSURANCE
Customers seeking vehicle financing can count on AutoNation for help. Our stores have relationships with all the major lenders, making one-stop shopping for financing easy. We also promote an easy-to-understand "menu" sales process that details a customer's payment options.
Slide 8: AutoNation AUTOMOTIVE RETAIL FRANCHISES: 371
(as of March 15, 2002)
ALABAMA (7) Miller-Sutherlin Chevrolet of Pell City Miller-Sutherlin Chrysler of Pell City Miller-Sutherlin Dodge of Pell City Miller-Sutherlin Jeep of Pell City Miller-Sutherlin Pontiac of Pell City Treadwell Ford of Mobile Treadwell Honda of Mobile ARIZONA (20) Brown & Brown Chevrolet of Mesa Brown & Brown Chevrolet of Superstition Springs Brown & Brown Nissan of Mesa Brown & Brown Nissan of Tempe Dobbs Honda of Tucson Lou Grubb Chevrolet of Peoria-Arrowhead Lou Grubb Chevrolet of Phoenix Lou Grubb Chrysler of Phoenix Lou Grubb Dodge of North Phoenix Lou Grubb Ford of Scottsdale Lou Grubb Jeep of Phoenix Pitre Buick of Scottsdale Pitre Chrysler of Scottsdale Pitre GMC of Scottsdale Pitre Hyundai of Scottsdale Pitre Isuzu of Scottsdale Pitre Jeep of Scottsdale Pitre Pontiac of Scottsdale Pitre Subaru of Scottsdale Tempe Toyota
CALIFORNIA (85) Acura of South Bay Allison BMW of Mountain View Anderson Chevrolet of Cupertino Anderson Chevrolet of Los Gatos Anderson Chevrolet of Menlo Park Anderson Chrysler of Cupertino AutoWest Chrysler of Fremont AutoWest Chrysler of Roseville AutoWest Dodge of Fremont AutoWest Dodge of Roseville AutoWest Honda of Fremont AutoWest Honda of Roseville AutoWest Isuzu of Fremont AutoWest Jeep of Roseville AutoWest Mitsubishi of Fremont Beach City Chevrolet of Long Beach Champion Chevrolet of Manhattan Beach Champion Oldsmobile of Manhattan Beach Chevrolet of El Monte Corona Chevrolet Corona Oldsmobile Corona Volkswagen Costa Mesa Honda Costa Mesa Infiniti Don-A-Vee Chrysler of Placentia Don-A-Vee Isuzu of Placentia Don-A-Vee Jeep of Bellflower Don-A-Vee Jeep of Placentia Don-A-Vee Suzuki of Bellflower Don-A-Vee Suzuki of Placentia Ford of Garden Grove Hayward Dodge Hayward Hyundai Hayward Nissan Hayward Toyota House of Imports (Mercedes-Benz) of Buena Park Huntington Beach Ford Infiniti of Santa Monica Jaguar of South Bay Joe MacPherson Chevrolet of Irvine Joe MacPherson Ford of Tustin Joe MacPherson Infiniti of Tustin Land Rover of Encino Land Rover of South Bay
Lew Webb's Irvine Nissan Lew Webb's Irvine Toyota Lexus of Cerritos Magic Ford of Valencia Magic Lincoln-Mercury of Valencia Mercedes-Benz of South Bay Newport Audi of Newport Beach Newport Chevrolet of Newport Beach Newport Porsche of Newport Beach Newport Rolls Royce of Newport Beach Nissan of El Monte Ontario Dodge Ontario Isuzu Ontario Kia Peyton Cramer Ford of Torrance Peyton Cramer Infiniti of Torrance Peyton Cramer Lincoln-Mercury of Torrance Peyton Cramer Volkswagen of Torrance Redlands Ford Roseville BMW Roseville Buick Roseville GMC Roseville Mazda Roseville Oldsmobile Roseville Subaru Shamrock Ford of Dublin Smythe European Mercedes-Benz of San Jose Smythe European Volvo of San Jose South Bay Volvo Stevens Creek Acura of Santa Clara Torrance Nissan Toyota of Buena Park Toyota of Cerritos Valencia BMW Valencia Chevrolet Valencia Chrysler Valencia Dodge Valencia Honda Valencia Jeep Volvo Cerritos Volvo Irvine
John Elway Hyundai of Westminster John Elway Jeep of Golden John Elway Jeep of Littleton-Broadway John Elway Lamborghini of Golden John Elway Mazda of Westminster John Elway Nissan of Englewood John Elway Nissan of Westminster John Elway Pontiac of Golden John Elway Pontiac of Lone Tree John Elway Subaru of Englewood John Elway Subaru of Golden John Elway Toyota of Englewood
COLORADO (26) Courtesy Ford of Littleton John Elway Buick of Golden John Elway Buick of Lone Tree John Elway Chevrolet of Denver John Elway Chrysler of Golden John Elway Chrysler of Littleton-Broadway John Elway Dodge of Denver John Elway Dodge of Englewood-Arapahoe John Elway Ford of Boulder John Elway Ford of Denver John Elway Ford of Wheat Ridge John Elway GMC of Golden John Elway GMC of Lone Tree John Elway Honda of Westminster
FLORIDA (73) AutoWay Chevrolet of Clearwater AutoWay Chevrolet of Tampa AutoWay Dodge of Clearwater AutoWay Ford of Bradenton AutoWay Ford of Brooksville AutoWay Ford of St. Petersburg AutoWay GMC Truck of Clearwater AutoWay GMC Truck of Port Richey AutoWay Honda of Clearwater AutoWay Lincoln-Mercury of Brooksville AutoWay Lincoln-Mercury of Clearwater AutoWay Nissan of Clearwater AutoWay Pontiac of Clearwater AutoWay Pontiac of Port Richey AutoWay Toyota of Pinellas Park Coastal Cadillac of Port Richey Cook-Whitehead Ford of Panama City Courtesy Acura of Longwood Courtesy Buick of Longwood Courtesy Chevrolet of Orlando
Courtesy Chevrolet of Orlando-Airport Courtesy Chrysler of Casselberry Courtesy Chrysler of Orlando Courtesy Ford of Sanford Courtesy GMC of Longwood Courtesy Honda of Longwood Courtesy Jeep of Casselberry Courtesy Jeep of Orlando Courtesy Oldsmobile of Orlando Courtesy Pontiac of Longwood Courtesy Toyota of Winter Park Lexus of Clearwater and Tampa Bay Lexus of Palm Beach Maroone Chevrolet of Delray Maroone Chevrolet of Fort Lauderdale Maroone Chevrolet of Greenacres Maroone Chevrolet of Miami Maroone Chevrolet of Pembroke Pines Maroone Chevrolet of West Dade Maroone Chrysler of Coconut Creek Maroone Dodge of Delray Maroone Dodge of Miami Maroone Dodge of Pembroke Pines Maroone Ford of Delray Maroone Ford of Fort Lauderdale Maroone Ford of Margate Maroone Ford of Miami Maroone Honda of Hollywood Maroone Honda of Miami Maroone Jeep of Coconut Creek Maroone Kia of Hollywood Maroone Lincoln-Mercury North Palm Maroone Nissan of Delray Maroone Nissan of Fort Lauderdale Maroone Nissan of Miami
Slide 9: AutoNation Annual Report 2001
Markets with 5 or more AutoNation franchises
MICHIGAN (2) Taylor Chrysler Taylor Jeep
MINNESOTA (1) Tousley Ford of White Bear Lake
NORTH CAROLINA (1) Superior Nissan of Charlotte
Maroone Nissan of Pembroke Pines Maroone Nissan of Perrine Maroone Oldsmobile of Pembroke Pines Maroone Isuzu of Pembroke Pines Maroone Toyota of Davie Mercedes-Benz of Fort Lauderdale Mercedes-Benz of Miami Mercedes-Benz of Orlando Mike Shad Chrysler of Jacksonville-Cassat Mike Shad Chrysler of Jacksonville-Southpoint Mike Shad Ford of Jacksonville-The Avenues Mike Shad Ford of Orange Park Mike Shad Jeep of Jacksonville-Cassat Mike Shad Jeep of Jacksonville-Southpoint Nissan of Brandon Porsche of North Orlando Sunrise Nissan of Jacksonville Sunrise Nissan of Orange Park
Team Nissan of Lithia Springs Team Nissan of Marietta Team Pontiac of Union City Team Toyota of Lithia Springs ILLINOIS (18) Dodge World of Des Plaines Downers Grove Dodge Elmhurst Dodge Elmhurst Kia Golf Mill Ford of Niles Horizon Chevrolet of Naperville Jaguar of Tinley Park Jerry Gleason Chevrolet of Forest Park Jerry Gleason Dodge of Forest Park Joe Madden Ford of Downers Grove Laurel Audi of Tinley Park Laurel Audi of Westmont Laurel BMW of Westmont Laurel Motors (Mercedes-Benz) of Westmont Laurel Volvo of Tinley Park Libertyville Toyota Mercedes-Benz of Naperville Woodfield Ford of Schaumburg MARYLAND (8) Fox Buick of Laurel Fox Chevrolet of Baltimore Fox Chevrolet of Laurel Fox Chevrolet of Timonium Fox GMC of Laurel Fox Isuzu of Laurel Fox Mitsubishi of Baltimore Fox Pontiac of Laurel
NEVADA (15) Desert Audi of Las Vegas Desert BMW of Henderson and Las Vegas Desert Buick of Henderson Desert Buick of Las Vegas Desert Chrysler of Las Vegas Desert Dodge of Las Vegas Desert GMC of Henderson Desert GMC of Las Vegas Desert Honda of Las Vegas Desert Jeep of Las Vegas Desert Lincoln-Mercury of Las Vegas Desert Nissan of Las Vegas Desert Pontiac of Henderson Desert Toyota of Las Vegas Desert Volkswagen of Las Vegas
NEW YORK (1) Al Maroone Ford of Williamsville
GEORGIA (18) Gene Evans Team Ford of Union City Team Buick of Union City Team Chevrolet of Alpharetta-Northpoint Team Chrysler of Lithia Springs Team Dodge of Stone Mountain Team Dodge of Union City Team Ford of Alpharetta-Northpoint Team Ford of Atlanta Team Ford of Marietta Team GMC of Union City Team Honda of Lithia Springs Team Jeep of Lithia Springs Team Mitsubishi of Lithia Springs Team Mitsubishi of Roswell-Northpoint
OHIO (9) Bob Townsend Ford of Cincinnati Eastgate Ford of Dayton Ed Mullinax Ford of Amherst John Lance Ford of Westlake Mullinax Ford of North Canton Mullinax Ford of Wickliffe Mullinax Jeep of Mayfield Mullinax Lincoln-Mercury of Brunswick Mullinax Lincoln-Mercury of Mayfield
TEXAS (59) AutoNation Dodge of Grand Prairie AutoNation Dodge of Irving Bankston Chrysler of Frisco Bankston Ford of Frisco Bankston Jeep of Frisco Bankston Lincoln-Mercury of Dallas Bankston Nissan of Dallas Bankston Nissan of Irving Bankston Nissan of Lewisville Bledsoe Dodge of Dallas-Duncanville South Bledsoe Dodge North of Dallas BMW of Houston North Champion Buick of Corpus Christi Champion Chevrolet of Houston Champion Chevrolet Texas of Austin Champion Chrysler of Austin Champion Ford of Houston Champion GMC of Austin Champion GMC of Corpus Christi Champion Hyundai of Austin Champion Jeep of Austin Champion Pontiac of Austin Champion Pontiac of Corpus Christi Champion Toyota of Austin Charlie Hillard Buick of Fort Worth Charlie Hillard Ford of Fort Worth Charlie Hillard Mazda of Fort Worth Charlie Thomas Acura of Houston Charlie Thomas Chevrolet of Houston Charlie Thomas Chrysler of Houston Charlie Thomas Ford of Houston Charlie Thomas Hyundai of Houston Charlie Thomas Jeep of Houston Charlie Thomas Isuzu of Houston Charlie Thomas Mitsubishi of Houston Cleburne Ford County Line Ford of Burleson Hudiburg Chevrolet of North Richland Hills Jay Marks Toyota of Houston Ken Nichols Ford of Fort Worth Les Marks Chevrolet of La Porte Les Marks Mazda of La Porte Mercedes-Benz of Houston Greenway Mercedes-Benz of Houston North Midway Chevrolet of Amarillo Padre Ford of Corpus Christi Padre Mazda of Corpus Christi Payton Wright Ford of Grapevine Plains Chevrolet of Amarillo Port City Imports Honda of Corpus Christi Port City Imports Hyundai of Corpus Christi Port City Imports Volvo of Corpus Christi Quality Nissan of Amarillo Steakley Chevrolet of Dallas Texan Ford of Arlington Texan Ford of Katy Texan Isuzu of Houston Texan Lincoln-Mercury of Houston Westgate Chevrolet of Amarillo WASHINGTON (18) Appleway Audi of Spokane Appleway Chevrolet of Spokane Appleway Mazda of Spokane Appleway Mitsubishi of Spokane Appleway Subaru of Spokane Appleway Toyota of Spokane Appleway Volkswagen of Spokane BMW of Bellevue Dodge of Bellevue Ford of Kirkland Kirkland Buick Kirkland GMC Kirkland Pontiac Northwest Nissan of Lynwood Prestige Ford of Bellevue Town & Country Chrysler of Seattle Town & Country Jeep of Seattle Town & Country Nissan of Seattle
TENNESSEE (10) Dobbs Ford of Memphis-Mt. Moriah Dobbs Ford of Memphis-Wolfchase Dobbs GMC of Memphis Dobbs Honda on Memphis-Mendenhall Dobbs Honda of Memphis-Covington Pike Dobbs Mazda of Memphis Dobbs Mitsubishi of Memphis Dobbs Nissan of Memphis Dobbs Pontiac of Memphis West Side Honda of Knoxville
Slide 10: AutoNation BOARD OF DIRECTORS
AutoNation Senior Management
Mike Jackson Chief Executive Officer Michael E. Maroone President, Chief Operating Officer
H. Wayne Huizenga Chairman of the Board
Mike Jackson Chief Executive Officer
Harris W. Hudson Vice Chairman of the Board
Craig T. Monaghan Senior Vice President, Chief Financial Officer Thomas S. Butler Senior Vice President Corporate Development John R. Drury Senior Vice President Marketing
Robert J. Brown Chairman & Chief Executive Officer B&C Associates, Inc. (a management consulting and public relations firm)
J. P. Bryan 1, 2 Senior Managing Director Torch Energy Advisors, Inc. (an outsourcing and service provider to the oil and gas industry)
Rick L. Burdick 1 Partner Akin, Gump, Strauss, Hauer & Feld, L.L.P. (a law firm)
Robert F. Dwors Senior Vice President Corporate Real Estate Services James D. Evans, Jr. Senior Vice President New Vehicles Jonathan P. Ferrando Senior Vice President, General Counsel & Secretary Patricia A. McKay Senior Vice President Finance
William C. Crowley 1 President & Chief Operating Officer ESL Investments, Inc. (an investment firm)
Michael G. DeGroote Chairman Century Business Services, Inc. (a provider of professional business services and products)
George D. Johnson, Jr. 2 Chief Executive Officer Extended Stay America, Inc. (an economy extended stay lodging chain)
Peter C. Smith Senior Vice President Human Resources Allan D. Stejskal Senior Vice President Operations Kevin P. Westfall Senior Vice President Finance & Insurance
Board Committees
Edward S. Lampert 2 Chairman & Chief Executive Officer ESL Investments, Inc. (an investment firm) John J. Melk 1 Chairman & Chief Executive Officer Fisher Island Holdings, LLC (developer of residential resort properties ) Irene B. Rosenfeld 1, 2 Group Vice President Kraft Foods, Inc.; President-Operations, Research & Development and Information Systems, Kraft Canada, Mexico & Puerto Rico (a manufacturer and distributor of packaged food and food service products)
1 Audit Committee 2 Compensation and Nominating Committee
Slide 11: AutoNation Annual Report 2001
Corporate INFORMATION
Headquarters AutoNation, Inc. 110 S.E. 6th Street, Fort Lauderdale, FL 33301 Telephone: (954) 769-7000 • www.AutoNation.com Investor Contact and Information Requests Shareholders, securities analysts, portfolio managers and representatives of financial institutions requesting copies of the Annual Report, Form 10-K, quarterly reports and other corporate literature should please call (954) 769-7339 or write AutoNation, Inc., Investor Relations, at the above address. Notice of Annual Meeting The Annual Meeting of Shareholders of AutoNation, Inc. will be held at 9:30 a.m., May 16, 2002, at: The Parker Playhouse 707 N.E. 8th Street, Fort Lauderdale, FL 33312 Telephone: (954) 764-1441 Common Stock Information Since April 6, 1999, the Company’s common stock has traded on the New York Stock Exchange (“NYSE”) under the symbol “AN.” From June 20, 1997 through April 5, 1999, the Company’s common stock traded on the NYSE under the symbol “RII.” At March 25, 2002, there were approximately 321,200,000 shares of common stock outstanding, held by approximately 3,400 shareholders of record. Common Stock Transfer Agent and Registrar For inquiries regarding address changes, stock transfers, lost shares or other account matters, please contact: Computershare Investor Services, LLC P.O. Box 1689, Chicago, IL 60690-1689 Registered owners of AutoNation common stock may also call (800) 689-5259, Monday through Friday (9:00 a.m. - 5:00 p.m. CST), to inquire about address changes, stock transfers, lost shares and other account matters. Internet users can access information at http://www.computershare.com. Independent Certified Public Accountants Arthur Andersen LLP 100 N.E. 3rd Avenue, Fort Lauderdale, FL 33301 Forward-looking Statements Some of the statements and information contained throughout this Annual Report constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. The forward-looking statements describe our expectations, plans and intentions about our business, financial condition, results of operations, cash flows and prospects. Known and unknown risks, uncertainties and other factors may cause our actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. We undertake no duty to update or revise our forward-looking statements, whether as a result of new information, future events or otherwise.
Slide 12: AutoNation’s branded markets include:
Tampa Bay Houston Orlando Las Vegas Memphis Baltimore Denver South Florida Jacksonville Cleveland Atlanta
110 S.E. 6th Street, Fort Lauderdale, FL 33301 • www.AutoNation.com