AutoNation, Inc. Announces Sales Results for the Month, Fourth Quarter and Full Year Ended December 2015
January 06, 2016 at 11:38 am
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AutoNation, Inc. announced sales results for the month, fourth quarter and full year ended December 2015. The company reported to automotive manufacturers, based on their respective sales transaction reporting standards, retail sales of 35,962 new vehicles in December 2015, an increase of 9% as compared to December 2014. On a same-store basis, reported retail new vehicle unit sales in December 2015 increased 5% as compared to December 2014.
On a same-store basis, reported retail new vehicle unit sales in the fourth quarter of 2015 increased 3% as compared to the fourth quarter of 2014.
Reported retail new vehicle unit sales for full year 2015 were 343,753, an increase of 7% as compared to full year 2014. Full year 2015 reported retail new vehicle unit sales for AutoNation's operating segments were: 107,356 for Domestic, up 10% versus full year 2014; 161,108 for Import, up 3% versus full year 2014, and 75,289 for Premium Luxury, up 14% versus full year 2014. On a same-store basis, reported retail new vehicle unit sales in full year 2015 increased 5% as compared to full year 2014.
AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. The Company operates through three segments: Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Stellantis. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, Hyundai, Subaru, and Nissan. Its Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, Lexus, Jaguar, Bentley, and Land Rover. The franchises in each segment also sell used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products. It owns and operates approximately 349 new vehicle franchises from 252 stores located in the United States, primarily in metropolitan markets in the Sunbelt region.