AutoNation Announces August 2010 Retail New Vehicle Unit Sales
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FORT LAUDERDALE, Fla., Sept. 2, 2010; AutoNation, Inc. , America's largest automotive retailer, today announced that its retail new vehicle unit sales in August 2010, as reported to the applicable automotive manufacturers, totaled 18,669, a decrease of 17% as compared to August 2009, which benefited from the highly successful Cash for Clunkers program. Retail new vehicle unit sales in August 2010 for AutoNation's operating segments were as follows:
-- 5,451 for Domestic, down 10% versus August 2009 (excluding our estimated impact of Cash for Clunkers, the increase was 39%), -- 9,976 for Import, down 25% versus August 2009 (excluding our estimated impact of Cash for Clunkers, the increase was 15%), and -- 3,242 for Premium Luxury, flat versus August 2009 (excluding our estimated impact of Cash for Clunkers, the increase was 6%).
On a sequential basis, AutoNation's August 2010 average daily new unit sales increased to 644 per day versus 597 in July 2010.
About AutoNation, Inc.
AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's largest automotive retailer. A component of the Standard and Poor's 500 Index, AutoNation owns and operates 251 new vehicle franchises in 15 states. For additional information, please visit corp.AutoNation.com or www.AutoNation.com.