AutoNation Inc. signs an agreement to purchase Glauser Mercedes-Benz of Sarasota, FL. It is the only Mercedes dealership in Sarasota, and will bring the number of AutoNation’s Florida Mercedes dealerships to five. AutoNation will own and operate 65 new franchises in the state once the deal closes, likely in first-quarter 2004. Glauser’s 2003 revenues were about $150 million, with sales of nearly 1,700 new vehicles and 550 used vehicles. Glauser Mercedes-Benz is an authorized Maybach ...
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