AutoNation acquires two Audi and Mercedes-Benz Stores in Chicago

AutoNation (AN) has acquired two luxury stores in Chicago, Ill., effective September 15. The stores are Fletcher Jones Audi and Mercedes-Benz of Chicago from Fletcher Jones Automotive Group, representing approximately $325M in annual revenue and 4,500 retail new and used vehicle annual unit sales. This acquisition will bring AutoNation’s location count in the greater Chicago area to 10, including two Audi stores, three Mercedes-Benz stores, one BMW store, three Import stores, and one collision center.