AutoNation Acquires Two Stores in Colorado

AutoNation (NYSE: AN) today announced that it has acquired Groove Ford and Groove Mazda, effective March 31, 2025. The dealerships have been rebranded and will now operate under the names AutoNation Ford Arapahoe and AutoNation Mazda Arapahoe. In 2024, the stores sold nearly 5,000 new and used vehicles with approximately $219M in annual revenue. Both stores are located in Englewood, Colorado, and mark the first AutoNation Mazda and second AutoNation Ford in the state, bringing AutoNation’s substantial footprint in Colorado to 13 Domestic, 6 Import, and 3 AutoNation USA dealerships concentrated in the greater Denver area.

“We are excited to welcome Groove Ford and Groove Mazda and their nearly 200 new associates to AutoNation,” said Mike Manley, Chief Executive Officer at AutoNation. “These acquisitions build on our strategy to add density into markets where we already have a presence. It allows us to rapidly bring significant scale synergies to the new dealerships, expanding on the current success of these stores and delivering strong returns to our shareholders.”

About AutoNation, Inc.

AutoNation, one of the largest automotive retailers in the United States, offers innovative products, exceptional services, and comprehensive solutions, and empowers its customers to make the best decisions for their needs. With a nationwide network of dealerships strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.

Please visit www.autonation.cominvestors.autonation.com, and www.x.com/autonation, where AutoNation discloses additional information about the Company, its business, and its results of operations.