SC 13D/A
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 24)*
AutoNation, Inc.
 
(Name of Issuer)
Common Stock, par value $0.01 per share
 
(Title of Class of Securities)
05329W102
 
(CUSIP Number)
John G. Finley, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, New York 10017
(212) 455-2000
 
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
November 18, 2008
 
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
Page 1 of 17 Pages

 

                     
CUSIP No.
  
05329W102 
   PAGE  
2 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

ESL Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   58,645,096
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   58,645,096
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  PN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
3 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

ESL Institutional Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  PN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
4 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

ESL Investors, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   12,189,155
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   12,189,155
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  OO

 

                     
CUSIP No.
  
05329W102 
   PAGE  
5 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

ESL Investments, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   79,223,286
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   79,223,286
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  CO

 

                     
CUSIP No.
  
05329W102 
   PAGE  
6 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

CBL Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   5,712,083
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   5,712,083
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  PN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
7 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

Tynan, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   2,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   2,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  OO

 

                     
CUSIP No.
  
05329W102 
   PAGE  
8 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

ESL Investment Management, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   61,964
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   61,964
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  PN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
9 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

RBS Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   73,289,502
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   73,289,502
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  PN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
10 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

RBS Investment Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  OO

 

                     
CUSIP No.
  
05329W102 
   PAGE  
11 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

Edward S. Lampert
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   79,415,250
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   79,415,250
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  IN

 

                     
CUSIP No.
  
05329W102 
   PAGE  
12 
   OF   
17 

 

           
1   NAME OF REPORTING PERSON

William C. Crowley
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  UNITED STATES
       
  7   SOLE VOTING POWER
     
NUMBER OF   172,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   172,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  79,587,656
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  45.0%
     
14   TYPE OF REPORTING PERSON
   
  IN

 

PAGE 13 OF 17
     This Amendment No. 24 to Schedule 13D (this “Amendment”) relates to shares of common stock, par value $0.01 per share (“Shares”), of AutoNation, Inc. (the “Issuer”). This Amendment No. 24 supplementally amends the statement on Schedule 13D, as amended, filed by a group consisting of ESL Partners, L.P., a Delaware limited partnership (“ESL”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), ESL Investments, Inc. (“Investments”), CBL Partners, L.P., a Delaware limited partnership (“CBL”), Tynan, LLC (“Tynan”), ESL Investment Management, L.P., a Delaware limited partnership (“ESLIM”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), RBS Investment Management, L.L.C., a Delaware limited liability company (“RBSIM”), Edward S. Lampert, and William C. Crowley, both United States citizens, by furnishing the information set forth below. ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, RBS, RBSIM, Mr. Lampert and Mr. Crowley are collectively defined in this Amendment as the “Filing Persons.” Unless set forth below, all previous Items are unchanged. Capitalized terms used herein which are not defined herein have the meanings given to them in the Schedule 13D, as amended, previously filed with the Securities and Exchange Commission.
     The Filing Persons are filing this Amendment No. 24 to report that the number of Shares that they may be deemed to beneficially own has increased by an amount greater than one percent of the outstanding Shares of the Issuer.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is supplemented as follows:
     In open market purchases on August 4, 2008, November 11, 2008, November 12, 2008, November 13, 2008, November 14, 2008, November 17, 2008 and November 18, 2008, ESL acquired an aggregate of 1,378,942 Shares for aggregate consideration of approximately $9,741,059 using working capital. In open market purchases on August 4, 2008, November 11, 2008, November 12, 2008, November 13, 2008, November 14, 2008, November 17, 2008 and November 18, 2008, an account established by the investment member of Investors acquired an aggregate of 528,858 Shares for aggregate consideration of approximately $3,501,880 using working capital.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety to read as follows:
     (a)-(b) As of November 21, 2008, the Filing Persons may be deemed to beneficially own an aggregate of 79,587,656 Shares (approximately 45.0% of the outstanding Shares based on the Issuer having 176,853,283 Shares outstanding on November 3, 2008, as disclosed in the Issuer’s last quarterly report on Form 10-Q).
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
ESL Partners, L.P.
     79,587,656 (1)     45.0 %     58,645,096       0       58,645,096       0  
ESL Institutional Partners, L.P.
     79,587,656 (1)     45.0 %     221,701       0       221,701       0  
ESL Investors, L.L.C.
     79,587,656 (1)     45.0 %     12,189,155       0       12,189,155       0  
ESL Investments, Inc.
     79,587,656 (1)     45.0 %     79,223,286 (2)     0       79,223,286 (2)     0  
CBL Partners, L.P.
     79,587,656 (1)     45.0 %     5,712,083       0       5,712,083       0  
Tynan, LLC
     79,587,656 (1)     45.0 %     2,406       0       2,406       0  
ESL Investment Management, L.P.
     79,587,656 (1)     45.0 %     61,964       0       61,964       0  

 

 

PAGE 14 OF 17
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
RBS Partners, L.P.
     79,587,656 (1)     45.0 %     73,289,502 (3)     0       73,289,502 (3)     0  
RBS Investment Management, L.L.C.
     79,587,656 (1)     45.0 %     221,701 (4)     0       221,701 (4)     0  
Edward S. Lampert
     79,587,656 (1)     45.0 %     79,415,250 (5)     0       79,415,250 (5)     0  
William C. Crowley
     79,587,656 (1)     45.0 %     172,406 (6)     0       172,406 (6)     0  
 
(1)   This number consists of 58,645,096 Shares held by ESL, 221,701 Shares held by Institutional, 12,189,155 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 2,406 Shares held by Tynan, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS, 130,000 Shares held by Mr. Lampert and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
 
(2)   This number consists of 58,645,096 Shares held by ESL, 221,701 Shares held by Institutional, 12,189,155 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL and 2,455,251 Shares held by RBS.
 
(3)   This number consists of 58,645,096 Shares held by ESL, 12,189,155 Shares held in an account established by the investment member of Investors and 2,455,251 Shares held by RBS.
 
(4)   This number consists of 221,701 Shares held by Institutional.
 
(5)   This number consists of 58,645,096 Shares held by ESL, 221,701 Shares held by Institutional, 12,189,155 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS and 130,000 Shares held by Mr. Lampert.
 
(6)   This number consists of 2,406 Shares held by Tynan and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
     (c) Other than as set forth in Annex A hereto, there have been no transactions in Shares by any of the Filing Persons between July 31, 2008, the date of the last amendment on Schedule 13D, and November 21, 2008.
  (d)   Not applicable.
 
  (e)   Not applicable.

 

 

PAGE 15 OF 17
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: November 21, 2008
         
    ESL PARTNERS, L.P.
 
        
 
  By:   RBS Partners, L.P., as its general partner
 
        
 
  By:   ESL Investments, Inc., as its general partner
 
        
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    ESL INSTITUTIONAL PARTNERS, L.P.
 
        
 
  By:   RBS Investment Management, L.L.C., as its general partner
 
        
 
  By:   ESL Investments, Inc., as its manager
 
        
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    ESL INVESTORS, L.L.C.
 
        
 
  By:   RBS Partners, L.P., as its manager
 
        
 
  By:   ESL Investments, Inc., as its general partner
 
        
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    ESL INVESTMENTS, INC.
 
        
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer

 

 

PAGE 16 OF 17
         
    CBL PARTNERS, L.P.
 
        
 
  By:   ESL Investments, Inc., as its general partner
 
        
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    TYNAN, LLC
 
        
 
  By:   /s/ William C. Crowley
 
       
 
      Name: William C. Crowley
 
      Title: Member
 
        
    ESL INVESTMENT MANAGEMENT, L.P.
 
        
 
  By:   ESL INVESTMENT MANAGEMENT (GP), L.L.C., its general partner
 
        
 
  By:   /s/ Edward S. Lampert
 
       
 
      Name: Edward S. Lampert
Title: Managing Member
 
        
    RBS PARTNERS, L.P.
 
        
 
  By:   ESL Investments, Inc., as its general partner
 
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    RBS INVESTMENT MANAGEMENT, L.L.C.
 
        
 
  By:   ESL Investments, Inc., as its manager
 
 
  By:   /s/ Adrian J. Maizey
 
       
 
      Name: Adrian J. Maizey
 
      Title: Chief Financial Officer
 
        
    EDWARD S. LAMPERT
 
        
    /s/ Edward S. Lampert
     
    Edward S. Lampert
 
        
    WILLIAM C. CROWLEY
 
        
    /s/ William C. Crowley
     
    William C. Crowley

 

PAGE 17 OF 17
ANNEX A
RECENT TRANSACTIONS BY THE FILING PERSONS IN THE SECURITIES OF
AUTONATION, INC.
                                 
            Nature of   Number of Shares of   Approximate Average
Entity   Date of Transaction   Transaction   Common Stock   Price per Share
ESL Partners, L.P.
     8/4/2008     open market purchases     317,540 (1)   $ 10.2787  
                                 
ESL Investors, L.L.C.
     8/4/2008     open market purchases     68,560 (1)   $ 10.2787  
                                 
ESL Partners, L.P.
     11/11/2008     open market purchases     153,677 (1)   $ 5.953  
                                 
ESL Investors, L.L.C.
     11/11/2008     open market purchases     151,623 (1)   $ 5.953  
                                 
ESL Partners, L.P.
     11/12/2008     open market purchases     181,488 (1)   $ 5.972  
                                 
ESL Investors, L.L.C.
     11/12/2008     open market purchases     42,512 (1)   $ 5.972  
                                 
ESL Partners, L.P.
    11/13/2008     open market purchases     130,460 (1)   $ 6.0527  
                                 
ESL Investors, L.L.C.
     11/13/2008     open market purchases     70,640 (1)   $ 6.0527  
                                 
ESL Partners, L.P.
     11/14/2008     open market purchases     13,336 (1)   $ 6.1489  
                                 
ESL Investors, L.L.C.
     11/14/2008     open market purchases     14,264 (1)   $ 6.1489  
                                 
ESL Partners, L.P.
     11/17/2008     open market purchases     474,031 (1)   $ 6.1645  
                                 
ESL Investors, L.L.C.
     11/17/2008     open market purchases     128,069 (1)   $ 6.1645  
                                 
ESL Partners, L.P.
     11/18/2008     open market purchases     108,410 (1)   $ 6.3156  
                                 
ESL Investors, L.L.C.
     11/18/2008     open market purchases     53,190 (1)   $ 6.3156  
 
(1)   These Shares represent portions of individual trades which were allocated between Partners and an account that was established by the investment member of Investors.