2 of 3 AutoNation new-car segments post upticks
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FORT LAUDERDALE, Fla. –
Two of the three operating segments within AutoNation's retail new-vehicle unit sales metric registered increases in August.
The dealer group reported the sales breakdown went as follows:
— 10,239 units for domestic, up 2 percent versus August of last year
— 14,641 for import, down 14 percent versus August of last year
— 6,152 for premium luxury, up 8 percent versus August of last year.
All told, AutoNation turned 31,032 new vehicles in August, a decrease of 5 percent as compared to the same month last year, which included a calendar quirk where Labor Day sales were included in the August results.
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On a same-store basis, AutoNation reported retail new vehicle unit sales in August softened by 7 percent year-over-year.
AutoNation expects to announce September retail new-vehicle unit sales on Oct. 2.
