Market Overview

AutoNation Announces August 2012 Retail New Vehicle Unit Sales of 23,213

AutoNation (NYSE: AN) today announced that its retail new vehicle unit sales in August 2012, as reported to the applicable automotive manufacturers, totaled 23,213, an increase of 28% as compared to August 2011.   

Retail new vehicle unit sales in August 2012 for AutoNation's operating segments were as follows:

6,961 for Domestic, up 20% versus August 2011,
12,530 for Import, up 42% versus August 2011, and
3,722 for Premium Luxury, up 6% versus August 2011.
On a daily selling rate basis, AutoNation's retail new vehicle unit sales increased 23%.  There were 27 selling days in August 2012 compared to 26 selling days in August 2011.

AutoNation expects to report September 2012 retail new vehicle unit sales on October 3, 2012.

The information provided in this news release is based on sales reports provided by our stores, including stores acquired since August 2011, to the applicable automotive manufacturers and is provided on a continuing operations basis.  These reports are prepared based on the standards established by the applicable automotive manufacturers, which differ from GAAP revenue recognition and other requirements and are

See full press release

Posted-In: News Guidance Management

 

Related Articles (AN)

Around the Web, We're Loving...

Get Benzinga's Newsletters