Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  AutoNation, Inc.    AN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

AUTONATION : Announces July 2011 Retail New Vehicle Unit Sales

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/03/2011 | 01:30pm CEST

FORT LAUDERDALE, Fla., Aug. 3, 2011 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, today announced that its retail new vehicle unit sales in July 2011, as reported to the applicable automotive manufacturers, totaled 18,949, a decrease of 4% as compared to July 2010. Retail new vehicle unit sales in July 2011 for AutoNation's operating segments were as follows:

    --  6,142 for Domestic, up 3% versus July 2010,
    --  9,323 for Import, down 12% versus July 2010, and
    --  3,484 for Premium Luxury, up 11% versus July 2010.

The information provided in this news release is based on sales reports provided by our stores, including stores acquired since July 2010, to the applicable automotive manufacturers and is provided on a continuing operations basis. These reports are prepared based on the standards established by the applicable automotive manufacturers, which differ from GAAP revenue recognition and other requirements and are based on the time periods set by the automotive manufacturers for reporting monthly sales (which generally differ from the calendar month). 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, new vehicle unit sales are subject to seasonal trends. Consequently, new vehicle unit 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 Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K for the year ended December 31, 2010 and our subsequent Quarterly Reports on Form 10-Q, for additional information regarding our operations. Investors should not assume that our disclosure of the information in this news release means that we have determined that such information is material to the Company.

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 254 new vehicle franchises in 15 states. For additional information, please visit http://corp.AutoNation.com or www.AutoNation.com. Follow us at www.facebook.com/autonation and www.twitter.com/autonation.

(Logo: http://photos.prnewswire.com/prnh/20001017/AUTONATIONLOGO )

SOURCE AutoNation, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AUTONATION, INC.
05/25 AUTONATION : Nevada Children's Cancer Foundation Receives New ProMaster Van as A..
05/24 AUTONATION : Announces New Partnership With McLaren-Honda-Andretti And 2-Time Fo..
05/24 AUTONATION : Dealerships give away two vehicles to loyal customers
05/23 AUTONATION : Lucky Texas Customers are Surprised with Free Vehicles as AutoNatio..
05/22 AUTONATION : Features 2014 Indy 500® Winner Ryan Hunter-Reay And Indy 500® Risin..
05/19 AUTONATION, INC. : Change in Directors or Principal Officers (form 8-K)
05/19 AUTONATION : Brent's Place Receives New Chrysler Passenger Van as AutoNation Cel..
05/18 AUTONATION : Celebrates 11 Million Vehicles Sold With Vehicle Donations and Cust..
05/16 AUTONATION : Retired AutoNation executive buys 4 Colorado Springs auto dealershi..
05/15 AUTONATION : Announces Resignation of William "Bill" Berman, President and Chief..
More news
Sector news : Auto Vehicles, Parts & Service Retailers - NEC
05/23DJMARKET SNAPSHOT : S&P 500, Nasdaq Hover Near Records As Stocks Edge Higher
05/12 U.S. used-car glut is a dealer’s dream, automakers’ nightmare
02/14 Exclusive - Trump to meet with retail CEOs on taxes, infrastructure
2016DJHot Stocks to Watch in the U.S. and Canada
2016DJADVANCE AUTO PARTS : AutoZone Revenue Grows as It Opens More Stores
More sector news : Auto Vehicles, Parts & Service Retailers - NEC
News from SeekingAlpha
05/22 Did Screening 340 Mid Cap Value Stocks With F.A.S.T.Graphs Pay Off?
05/20 Bold talk on self-driving EV disruption
05/16 AUTONATION : Are Investors Overreacting To Auto-Cycle Peak Fears?
05/15 AutoNation Is Aggressively Expanding Its Footprint
05/15 AutoNation COO exits