AutoNation (AN)

Stock Performance Graph

The following graph and table compare the cumulative total stockholder return on our common stock from December 31, 2004 through December 31, 2009 with the performance of: (i) the Standard & Poor’s (“S&P”) 500 Index, (ii) the Dow Jones U.S. Specialty Retailers Index, the industry index that we used in our Form 10-K for the year ended December 31, 2008, and (iii) a self-constructed peer group consisting of other public companies in the automotive retail market, referred to as the “Public Auto Retail Peer Group.” The Public Auto Retail Peer Group consists of Asbury Automotive Group, Inc., CarMax, Inc., Group 1 Automotive, Inc., Lithia Motors, Inc., Penske Automotive Group, Inc., and Sonic Automotive, Inc., and these companies are weighted by market capitalization. We believe that using the Public Auto Retail Peer Group provides a more meaningful comparison of our stock performance to investors, and we intend to use this peer group in future filings with the SEC.

We have included the Dow Jones U.S. Specialty Retailers Index in the graph below in accordance with SEC rules. As of December 31, 2009, the Dow Jones U.S. Specialty Retailers Index consisted of the following companies:

We have created these comparisons using data supplied by Research Data Group, Inc. The comparisons reflected in the graph and table are not intended to forecast the future performance of our stock and may not be indicative of future performance. The graph and table assume that $100 was invested on December 31, 2004 in each of our common stock, the S&P 500 Index, the Dow Jones U.S. Specialty Retailers Index, and the Public Auto Retail Peer Group and that any dividends were reinvested.