AutoNation’s Annual New-Car Sales Rise 8%
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
FORT LAUDERDALE, Fla. –
Fueled by a double-digit gain in December, AutoNation turned 8 percent more new vehicles in 2014 compared to the previous year.
The largest publicly traded dealer group reported on Tuesday that company franchised dealerships retailed 320,804 new models. The new-vehicle unit sales for AutoNation's operating segments were as follows:
— 97,656 for domestic, up 6 percent versus 2013
— 157,096 for import, up 8 percent versus 2013
— 66,052 for premium luxury, up 13 percent versus 2013
On a same-store basis, AutoNation reported that retail new-vehicle unit sales for the year increased 6 percent year-over-year.
Subscribe to Auto Remarketing to stay informed and stay ahead.
By subscribing, you agree to receive communications from Auto Remarketing and our partners in accordance with our Privacy Policy. We may share your information with select partners and sponsors who may contact you about their products and services. You may unsubscribe at any time.
To close 2014, AutoNation store sold 33,069 new vehicles in December, representing an increase of 12 percent year-over-year.
For the month, retail new-vehicle unit sales for AutoNation's operating segments settled as follows:
— 9,497 for domestic, up 11 percent versus last December
— 14,721 for import, up 6 percent versus last December
— 8,851 for premium luxury, up 23 percent versus last December
On a same-store basis, AutoNation’s December new-vehicle unit sales climbed 10 percent compared to the same month a year earlier.
Finally, looking at the fourth-quarter sales chart, AutoNation enjoyed a 9-percent compared to Q4 of 2013, turning 84,968 new vehicles. The breakdown of that figure came in as follows:
— 24,991 for domestic, up 9 percent versus Q4 of 2013
— 39,556 for import, up 8 percent versus Q4 of 2013
— 20,421 for premium luxury, up 12 percent versus Q4 of 2013
On a same-store basis, AutoNation’s Q4 improvement marked a 7-percent jump year-over-year.
AutoNation expects to report January retail new-vehicle unit sales on Feb. 3.