AutoNation (AN) Reports 10% Increase in Q1 Sales

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April 2, 2015 7:19 AM EDT

AutoNation (NYSE: AN) announced that it reported to automotive manufacturers, based on their respective sales transaction reporting standards, retail sales of 77,242 new vehicles in the first quarter of 2015, an increase of 10% as compared to the first quarter of 2014. First quarter 2015 reported retail new vehicle unit sales for AutoNation’s operating segments were as follows:

•
23,923 for Domestic, up 8% versus first quarter of 2014,
•
36,389 for Import, up 5% versus first quarter of 2014, and
•
16,930 for Premium Luxury, up 25% versus first quarter of 2014.
On a same-store basis, reported retail new vehicle unit sales in the first quarter of 2015 were up 8% as compared to the first quarter of 2014.
Reported retail new vehicle unit sales in March 2015 were 30,107, an increase of 5% as compared to March 2014. March 2015 reported retail new vehicle unit sales for AutoNation’s operating segments were as follows:
•
9,272 for Domestic, flat versus March 2014,
•
13,864 for Import, down 2% versus March 2014, and
•
6,971 for Premium Luxury, up 30% versus March 2014.
On a same-store basis, reported retail new vehicle unit sales in March 2015 were up 3% as compared to March 2014.
AutoNation expects to announce April 2015 reported retail new vehicle unit sales on Monday, May 4, 2015.

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