In a significant move that underscores its commitment to expanding its luxury offerings, AutoNation Inc. (NYSE: AN) announced the acquisition of two prestigious automotive stores in Chicago, Illinois. Effective September 15, 2025, AutoNation has acquired Fletcher Jones Audi and Mercedes-Benz of Chicago from the Fletcher Jones Automotive Group. This strategic acquisition is poised to enhance AutoNation's presence in the luxury vehicle market, representing approximately $325 million in annual revenue along with 4,500 annual retail new and used vehicle sales.

2. Strengthening Market Presence

With this acquisition, AutoNation's total location count in the greater Chicago area has now increased to ten. The company's expanded footprint includes two Audi stores, three Mercedes-Benz stores, one BMW store, three Import stores, and one collision center. This diversified dealership portfolio not only strengthens AutoNation's brand in a key metropolitan market but also positions it to better serve its growing customer base.

Mike Manley, Chief Executive Officer of AutoNation, expressed enthusiasm about the acquisition, stating, "We're thrilled to welcome our two newest locations, Audi of Chicago and Mercedes-Benz of Chicago, their 220 associates, and valued customers to AutoNation." He emphasized that these acquisitions will enhance the company's luxury brand portfolio and deepen its market presence, ultimately driving customer experience and shareholder value.

3. Focus on Customer Experience and Shareholder Value

The acquisition aligns with AutoNation's broader strategy of creating scale in its operations, which is expected to yield significant benefits for both customers and shareholders. By integrating these high-profile locations into its existing framework, AutoNation aims to elevate the overall customer experience, a crucial factor in the competitive automotive retail sector.

As one of the largest automotive retailers in the United States, AutoNation continues to focus on delivering innovative products and exceptional services. The company offers a comprehensive range of automotive solutions, including a wide variety of new and used vehicles, customer financing, parts, and maintenance and repair services.

4. Commitment to Community Engagement

In addition to its business expansion, AutoNation has demonstrated a strong commitment to corporate social responsibility. Through its initiative DRV PNK, the company has raised over $40 million for cancer-related causes, reflecting its dedication to positively impacting the lives of its associates, customers, and communities.

5. Conclusion

AutoNation's acquisition of Fletcher Jones Audi and Mercedes-Benz of Chicago marks a pivotal step in its growth strategy, reinforcing its position in the luxury automotive market. By enhancing its brand portfolio and expanding its operational footprint, AutoNation is well-positioned to deliver superior customer experiences and drive shareholder value in the competitive landscape of automotive retail. As the company integrates these new locations, stakeholders will be keenly watching how this move translates into enhanced market performance and customer satisfaction.

Original press release