Domestics Help Lift AutoNation’s New-Vehicle Sales
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FORT LAUDERDALE, Fla. –
In what appears to be a good sign for Big 3 dealers, AutoNation’s June retail new-vehicle sales showed a slight uptick year-over-year, due in part to a large increase in domestic sales.
The company announced Tuesday that its retail new-vehicle sales last month came in at 16,564, an increase of 3 percent year-over-year. Also, year-to-date June new retail sales climbed by 10 percent when compared to the same period of 2010.
Breaking down the company’s sales for June, domestics saw 5,638 units moved, up 18 percent from June 2010.
Moreover, sales for the premium luxury segment grew, as well, with 3,362 vehicles sold
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— up 11 percent year-over-year.
On the other hand, import sales, which totaled 7,564, were down 9 percent when compared to June 2010.
For the second-quarter overall, sales for the company decreased by 1 percent, versus the same quarter in 2010.
