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