AutoNation completed the acquisition of Mercedes-Benz and Audi Chicago dealerships from Fletcher Jones Automotive Group.

AutoNation, a Fortune 500 company that operates as an automotive retailer, completed the acquisition of Mercedes-Benz and Audi Chicago dealerships, a luxury dealerships located in Chicago, from Fletcher Jones Automotive Group, a family-owned luxury automotive dealership group specializing in premium brands. Financial terms are not disclosed. "We're thrilled to welcome our two newest locations, Audi of Chicago and Mercedes-Benz of Chicago, their 220 associates, and valued customers to AutoNation. These acquisitions will enhance our luxury brand portfolio, deepen our presence in a key market, and create scale that drives both customer experience and shareholder value," Mike Manley, AutoNation CEO.