This excerpt taken from the AN DEF 14A filed Apr 28, 2006.
The Board does not believe it should limit the number of terms for which an individual may serve as a Director. Directors who have served on the Board for an extended period of time are able to provide valuable insight into the operations and future of the Company based on their experience with and understanding of the Companys history, policies and objectives. As an alternative to term limits, the Nominating Subcommittee, in conjunction with the
AutoNation, Inc. Corporate
Chairman, will formally review each Directors continuation on the Board every five years. This will also allow each Director the opportunity to conveniently confirm his or her desire to continue as a member of the Board.