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|AutoNation Announces Reported Retail New Vehicle Unit Sales of 27,862 in June 2015, Up 9% versus June 2014|
On a same-store basis, reported retail new vehicle unit sales in
Reported retail new vehicle unit sales in the second quarter of 2015, were 86,794, an increase of 7% as compared to the second quarter of 2014. Second quarter 2015 reported retail new vehicle unit sales for
On a same-store basis, reported retail new vehicle unit sales in the second quarter of 2015 were up 4% as compared to the second quarter of 2014.
The information provided in this news release is based on unaudited sales reports provided by our stores to the applicable automotive manufacturers. These reports are prepared based on the sales transaction reporting standards established by the applicable automotive manufacturers, which differ from GAAP revenue recognition and other requirements. For example, the classification of certain transactions under the standards established by certain such manufacturers differs under GAAP. Transactions reported as retail sales include vehicles placed into certain manufacturer-approved demonstrator vehicle and service loaner programs, which vehicles may be sold by our stores to retail customers as new or used vehicles under GAAP in subsequent periods. Manufacturers sometimes provide marketing incentives to place vehicles into such programs during particular periods. In addition, the sales reports are based on the time periods set by the automotive manufacturers for reporting monthly sales, which generally differ from the calendar month and may be modified by particular manufacturers from time to time. As a result, our operating results calculated and presented in accordance with GAAP, including our new vehicle unit sales, may differ materially from any results expressed or implied by the information provided in our monthly sales reports and summarized in this news release and future news releases. In addition, reported retail sales are subject to seasonal trends. Consequently, reported retail sales for a particular month are not necessarily indicative of results to be expected for a full quarter or year. Please refer to our public filings with the
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