AutoNation (AN) Expands Luxury Presence with Chicago Acquisitions of Audi and Mercedes-Benz
- AutoNation acquires Fletcher Jones Audi and Mercedes-Benz of Chicago, expanding its luxury market presence in Chicago.
- The acquisition adds five premium locations, increasing AutoNation's total to ten in the region.
- AutoNation aims to enhance customer experience and satisfaction while committing to corporate social responsibility initiatives.
AutoNation Expands Luxury Portfolio with Strategic Acquisitions in Chicago
AutoNation, Inc. solidifies its foothold in the luxury automotive market with the acquisition of Fletcher Jones Audi and Mercedes-Benz of Chicago, effective September 15, 2025. This strategic move, valued at approximately $325 million in annual revenue, enhances AutoNation’s operations by adding five premium automotive locations to its already robust presence in the greater Chicago area. With these new acquisitions, AutoNation now operates a total of ten locations in the region, which includes a mix of Audi, Mercedes-Benz, BMW, and various import stores alongside a collision center. The acquisition aligns with AutoNation’s broader strategy to strengthen its luxury brand portfolio while capitalizing on the growing demand for high-end vehicles.
CEO Mike Manley expresses his enthusiasm regarding the expansion, emphasizing the importance of welcoming 220 new associates and valued customers from the acquired stores. Manley highlights that this move not only increases the company’s market presence but also enhances the customer experience, which is critical in an industry increasingly focused on personalization and service quality. With a comprehensive range of offerings, including new and used vehicle sales, financing options, parts, and maintenance services, AutoNation positions itself as a one-stop-shop for luxury automotive needs. The acquisitions are anticipated to drive both customer satisfaction and shareholder value, reflecting the company’s commitment to growth and excellence in the automotive retail space.
AutoNation’s focus on expanding its luxury brand footprint comes at a pivotal time for the automotive industry, which is witnessing a shift towards higher-end vehicles as consumer preferences evolve. The acquisition of luxury stores like Fletcher Jones Audi and Mercedes-Benz of Chicago not only enhances AutoNation’s market share but also signifies its commitment to catering to affluent customers seeking premium automotive experiences. As the company integrates these new locations, it aims to leverage its existing operational expertise while fostering an inclusive culture that values the contributions of its new associates.
In addition to its business expansion, AutoNation remains dedicated to making a positive impact in the communities it serves through its philanthropic initiative, DRV PNK. The program has successfully raised over $40 million for cancer-related causes, showcasing the company’s commitment to corporate social responsibility. As AutoNation continues to grow and evolve, it invites stakeholders and customers to stay informed through its official websites, ensuring transparency and engagement with its expanding community.