AutoNation (AN) New Retail Sales Up 6% in March

April 2, 2014 10:55 AM EDT
AutoNation, Inc. (NYSE: AN) announced that its total retail new vehicle unit sales in March 2014, as reported to the applicable automotive manufacturers, were 28,796, an increase of 6% as compared to March 2013. Same-store retail new vehicle unit sales in March 2014 were 28,158, an increase of 4% as compared to March 2013. Total retail new vehicle unit sales for AutoNation's operating segments in March 2014 were as follows:

-- 9,233 for Domestic, up 9% versus March 2013,
-- 14,183 for Import, up 3% versus March 2013, and
-- 5,380 for Premium Luxury, up 8% versus March 2013.

Total retail new vehicle unit sales in the first quarter of 2014, as reported to the applicable automotive manufacturers, were 70,217, an increase of 4% as compared to the first quarter of 2013. Same-store retail new vehicle unit sales in the first quarter of 2014 were 68,682, an increase of 2% compared to the first quarter of 2013. Total retail new vehicle unit sales for AutoNation's operating segments in the first quarter of 2014 were as follows:

-- 22,068 for Domestic, up 4% versus first quarter of 2013,
-- 34,651 for Import, up 3% versus first quarter of 2013, and
-- 13,498 for Premium Luxury, up 5% versus first quarter of 2013.

AutoNation expects to report April 2014 retail new vehicle unit sales on Friday, May 2, 2014.


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