AutoNation (AN) March New Vehicle Sales Rise 7%

AutoNation, Inc. (NYSE: AN) announced that its total retail new vehicle unit sales in March 2013, as reported to the applicable automotive manufacturers, were 27,199, an increase of 7% as compared to March 2012. Same-store retail new vehicle unit sales in March 2013 were 26,441, an increase of 4% as compared to March 2012. Total retail new vehicle unit sales for AutoNation's operating segments were as follows:

• 8,448 for Domestic, up 6% versus March 2012,
  
• 13,789 for Import, up 4% versus March 2012, and
  
• 4,962 for Premium Luxury, up 15% versus March 2012.

There were 27 selling days in March 2013 compared to 28 selling days in March 2012. AutoNation expects to report April 2013 retail new vehicle unit sales on Thursday, May 2, 2013.

For the first quarter of 2013, AutoNation's total retail new vehicle unit sales as reported to the applicable automotive manufacturers increased 10%, with Domestic up 12%, Import up 6%, and Premium Luxury up 19%, in each case as compared to the first quarter of 2012. Same-store retail new vehicle unit sales as reported to the applicable automotive manufacturers increased 7% compared to the first quarter of 2012.

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