EXHIBIT 99.1

AUTONATION, INC.
UNAUDITED CONSOLIDATED INCOME STATEMENTS
($ in millions, except per share data)

		Three Months Ended March 31,
		2004			2003
Revenue:
	New vehicle	$	2,832.5		$	2,609.5
	Used vehicle		1,153.2			1,102.6
	Parts and service		636.0			599.4
	Finance and insurance		151.3			136.4
	Other		24.0			11.4
Total revenue			4,797.0			4,459.3
Cost of sales:
	New vehicle		2,631.4			2,412.5
	Used vehicle		1,045.6			998.3
	Parts and service		357.9			338.7
	Other		10.0			1.7
Total cost of sales			4,044.9			3,751.2
Gross profit			752.1			708.1
Selling, general and administrative expenses			550.1			523.0
Depreciation			18.9			16.9
Amortization			0.3			0.6
Loan and lease underwriting income, net			—			(2.9	)
Other losses, net			1.8			0.3
Operating income			181.0			170.2
Floorplan interest expense			(17.6	)		(19.5	)
Other interest expense			(19.3	)		(15.6	)
Interest income			0.7			1.1
Other (expense) income, net			(0.5	)		1.1
Income from continuing operations before income taxes			144.3			137.3
Provision for income taxes			57.0			52.9
Income tax benefit from IRS settlement			—			(127.5	)
Net tax provision — continuing operations			57.0			(74.6	)
Net income from continuing operations			87.3			211.9
Loss from discontinued operations, net of income taxes			—			(12.3	)
Net income before cumulative effect of accounting change			87.3			199.6
Cumulative effect of accounting change, net of income taxes			—			(14.6	)
Net income		$	87.3		$	185.0
Diluted earnings per share:
	Continuing operations	$	0.32		$	0.72
	Discontinued operations		—			(0.04	)
	Cumulative effect of accounting change		—			(0.05	)
	Net income	$	0.32		$	0.63
Weighted average common and common equivalent shares outstanding			275.7			294.2
Common shares outstanding			267.3			282.5

AUTONATION, INC.
UNAUDITED SUPPLEMENTARY DATA

($ in millions, except per vehicle data)

					Three Months Ended March 31,
Operating Highlights					2004			2003			$ Variance			% Variance
Revenue:
		New vehicle			$	2,832.5		$	2,609.5		$	223.0			8.5
			Retail used vehicle			961.0			906.7			54.3			6.0
			Wholesale			192.2			195.9			(3.7	)		(1.9	)
		Total used vehicle				1,153.2			1,102.6			50.6			4.6
		Parts and service				636.0			599.4			36.6			6.1
		Finance and insurance				151.3			136.4			14.9			10.9
		Other				24.0			11.4			12.6
					$	4,797.0		$	4,459.3		$	337.7			7.6
Gross profit:
		New vehicle			$	201.1		$	197.0		$	4.1			2.1
			Retail used vehicle			107.0			103.6			3.4			3.3
			Wholesale			0.6			0.7			(0.1	)		(14.3	)
		Used vehicle				107.6			104.3			3.3			3.2
		Parts and service				278.1			260.7			17.4			6.7
		Finance and insurance				151.3			136.4			14.9			10.9
		Other				14.0			9.7			4.3
						752.1			708.1			44.0			6.2
Selling, general and administrative expenses						550.1			523.0			(27.1	)		(5.2	)
Depreciation						18.9			16.9			(2.0	)
Amortization						0.3			0.6			0.3
Loan and lease underwriting income, net						—			(2.9	)		(2.9	)
Other losses, net						1.8			0.3			(1.5	)
	Operating income					181.0			170.2			10.8			6.3
Floorplan interest expense						(17.6	)		(19.5	)		1.9			9.7
Other interest expense						(19.3	)		(15.6	)		(3.7	)		(23.7	)
Interest income						0.7			1.1			(0.4	)		(36.4	)
Other (expense) income, net						(0.5	)		1.1			(1.6	)
		Income from continuing operations before income taxes			$	144.3		$	137.3		$	7.0			5.1
Retail vehicle unit sales:
				New vehicle		97,945			93,782			4,163			4.4
				Used vehicle		63,446			59,716			3,730			6.2
						161,391			153,498			7,893			5.1
Revenue per vehicle retailed:
				New vehicle	$	28,919		$	27,825		$	1,094			3.9
				Used vehicle	$	15,147		$	15,184		$	(37	)		(0.2	)
Gross profit per vehicle retailed:
				New vehicle	$	2,053		$	2,101		$	(48	)		(2.3	)
				Used vehicle	$	1,686		$	1,735		$	(49	)		(2.8	)
				Finance and insurance	$	937		$	889		$	48			5.4

			Three Months Ended March 31,
Operating Percentages			% 2004		% 2003
Revenue mix percentages:
	New vehicle			59.0		58.5
	Used vehicle			24.0		24.7
	Parts and service			13.3		13.4
	Finance and insurance			3.2		3.1
	Other			0.5		0.3
				100.0		100.0
Operating items as a percentage of revenue:
	Gross profit:
		New vehicle		7.1		7.5
		Used vehicle — retail		11.1		11.4
		Parts and service		43.7		43.5
		Total		15.7		15.9
	Selling, general and administrative expenses			11.5		11.7
	Operating income			3.8		3.8
Operating items as a percentage of total gross profit:
	Selling, general and administrative expense			73.1		73.9
	Operating income			24.1		24.0

AUTONATION, INC.
UNAUDITED SUPPLEMENTARY DATA, Continued
($ in millions, except per share data)

	Three Months Ended March 31,
Cash Flow Information	2004		2003
Capital expenditures, excluding property operating lease buy-outs	$	21.6	$	23.9
Property operating lease buy-outs	$	77.7	$	8.8
Stock repurchases	$	58.1	$	204.6
Acquisitions	$	87.9	$	45.1
Proceeds from exercises of stock options	$	12.7	$	12.9

		Three Months Ended March 31,
Floorplan Assistance and Expense		2004			2003			Variance
Floorplan assistance (included in cost of operations)		$	27.3		$	28.4		$	(1.1	)
Floorplan interest expense			(17.6	)		(19.5	)		1.9
	Net inventory carrying benefit	$	9.7		$	8.9		$	0.8

Balance Sheet and Other Highlights		March 31, 2004		December 31, 2003		March 31, 2003
Cash and cash equivalents		$	31.1	$	170.8	$	185.7
Inventory		$	3,140.8	$	2,919.3	$	2,803.5
Floorplan notes payable		$	2,967.0	$	2,809.8	$	2,563.2
Non-vehicle debt		$	821.8	$	824.4	$	712.0
Equity		$	3,990.4	$	3,949.7	$	3,901.4
New days supply (industry standard of selling
	days, including fleet)	68 days		71 days		72 days
Used days supply (trailing 30 days)		36 days		41 days		33 days

							Diluted Earnings
		Net Income					Per Share
		Three Months Ended					Three Months Ended
		March 31,					March 31,
Comparable Basis Reconciliations		2004		2003			2004		2003
Net income, as reported		$	87.3	$	185.0		$	0.32	$	0.63
	Discontinued operations		—		12.3			—		0.04
	Cumulative effect of accounting change		—		14.6			—		0.05
Net income from continuing operations, as reported			87.3		211.9			0.32		0.72
	Income tax benefit from IRS settlement		—		(127.5	)		—		(0.43	)
Net income from continuing operations, excluding income tax benefit from IRS Settlement		$	87.3	$	84.4		$	0.32	$	0.29

AUTONATION, INC.
UNAUDITED SAME STORE DATA
($ in millions, except per vehicle data)

						Three Months Ended March 31,
Operating Highlights				2004		2003			$ Variance			% Variance
Revenue:
	New vehicle			$	2,785.4	$	2,586.2		$	199.2			7.7
		Retail used vehicle			949.1		895.9			53.2			5.9
		Wholesale			182.9		191.0			(8.1	)		(4.2	)
	Total used vehicle				1,132.0		1,086.9			45.1			4.1
	Parts and service				627.9		592.7			35.2			5.9
	Finance and insurance				149.6		134.7			14.9			11.1
	Other				5.5		7.2			(1.7	)
				$	4,700.4	$	4,407.7		$	292.7			6.6
Gross profit:
	New vehicle			$	197.6	$	195.8		$	1.8			0.9
		Retail used vehicle			105.9		102.3			3.6			3.5
		Wholesale			0.6		(0.5	)		1.1
	Used vehicle				106.5		101.8			4.7			4.6
	Parts and service				274.1		257.9			16.2			6.3
	Finance and insurance				149.6		134.7			14.9			11.1
	Other				4.7		6.3			(1.6	)
				$	732.5	$	696.5		$	36.0			5.2
Retail vehicle unit sales:
			New vehicle		96,561		92,882			3,679			4.0
			Used vehicle		62,773		58,855			3,918			6.7
					159,334		151,737			7,597			5.0
Revenue per vehicle retailed:
			New vehicle	$	28,846	$	27,844		$	1,002			3.6
			Used vehicle	$	15,120	$	15,222		$	(102	)		(0.7	)
Gross profit per vehicle retailed:
			New vehicle	$	2,046	$	2,108		$	(62	)		(2.9	)
			Used vehicle	$	1,687	$	1,738		$	(51	)		(2.9	)
			Finance and insurance	$	939	$	888		$	51			5.7

			March 31,
Operating Percentages			% 2004		% 2003
Revenue mix percentages:
	New vehicle			59.3		58.7
	Used vehicle			24.1		24.7
	Parts and service			13.4		13.4
	Finance and insurance			3.2		3.1
	Other			0.0		0.1
				100.0		100.0
Operating items as a percentage of revenue:
	Gross Profit:
		New vehicle		7.1		7.6
		Used vehicle — retail		11.1		11.4
		Parts and service		43.7		43.5
		Total		15.6		15.8