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AutoNation to Present at Morgan Stanley

FT. LAUDERDALE, Fla., March 18 -- AutoNation, Inc. , America's largest automotive retailer, announced today that it will air a live audio web cast on Monday, March 21, 2005, of its upcoming investor presentation at the Morgan Stanley's Global Automotive Seminar in New York City.

AutoNation's Chief Executive Officer, Mike Jackson, and Chief Financial Officer, Craig Monaghan, will be the featured presenters during this live audio web cast that airs that Monday afternoon at approximately 2:15 p.m., Eastern Standard Time.

To listen to the live audio web cast via the Internet at http://www.autonation.com/ , click on the "About Us" link, then click on "Investors" and then "Web Casts."

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer. Ranked No. 97 on the 2003 Fortune 500 and a component of the Standard and Poor's 500 Index, AutoNation has approximately 27,000 employees and owns and operates 358 new vehicle franchises in 17 states. For additional information, please visit http://corp.autonation.com/ or http://www.autonation.com/ , where more than 100,000 vehicles are available for sale.

FORWARD-LOOKING STATEMENTS

Certain statements and information included in this release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company undertakes no duty to update its forward- looking statements, including its earnings outlook.

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