Market Overview

Auto Retailers' Shares Get Boost From AutoNation's 8% July Sales Gain

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Automobile retailers saw a boost Monday after AutoNation (NYSE: AN) posted gains in July same-store sales.

Total sales for the nation's largest car dealer gained eight percent from a year ago, to 27,484 new vehicles.

AutoNation's premium luxury sales jumped 17 percent in July; imports gained seven percent and domestic auto sales were up six percent.

  • CarMax (NYSE: KMX) was up 1.44 percent to $50.68
  • Sonic Automotive (NYSE: SAH) was up 1.8 percent to $24.63
  • America's Car-Mart (NASDAQ: CRMT) was up 0.8 percent to $37.82

AutoNation was last up 0.92 percent to $54.03.

Posted-In: News Retail Sales Intraday Update Movers

 

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