AutoNation, Inc. Appoints Adams Simms Vice President-Used Vehicles

FORT LAUDERDALE, Fla., Dec. 11 -- AutoNation, Inc. , America's largest automotive retailer of new and used vehicles, has appointed Adam Simms to the new position of Vice President-Used Vehicles.

Effective immediately, Simms becomes part of the Company's Operations Team, reporting directly to Senior Vice President-Operations Allan Stejskal. In his new role, Simms will drive sales and profit growth through the implementation of best practices throughout the Company's $3.9 billion-a-year used vehicle business. The Company sells its used vehicles primarily at retail through its 368 new vehicle franchises in 17 states.

Simms most recently served as founder, president and chief executive officer of iMotors, an Internet ``clicks and bricks'' venture that purchased, reconditioned and retailed used vehicles through more than 50 retail locations. In addition, Simms' automotive retail career has spanned 18 years, many of the industry's manufacturer brands and much of the country.

``Adam has the breadth and depth of automotive retail knowledge to take our used-vehicle retail business -- already the nation's largest -- to a higher level. This makes him a valuable addition to the AutoNation team,'' said Michael E. Maroone, AutoNation's President and Chief Operating Officer.