Wendy Byrd Kang taking delivery of a Honda Fit, AutoNation’s eighth millionth sale. The U.S. Army Specialist recently returned from Afghanistan.
AutoNation, Inc. (NYSE :AN) today announced that its retail new vehicle sales in May 2011 totaled 16,347, a decrease of 15% as compared to May 2010. At the end of May, AutoNation delivered its eight millionth vehicle – an auto retail industry first – during the grand opening of Honda of Dulles, which it owns.
The largest automotive retailer in the United States increased sales of U.S. products, but sharp decreases in sales of Japanese vehicles hurt results.
Retail new vehicle unit sales in May 2011 for AutoNation’s operating segments were as follows:
- 5,995 for Domestic, up 3% versus May 2010,
- 7,110 for Import, down 30% versus May 2010, and
- 3,242 for Premium Luxury, up 1% versus May 2010.
May 2011 had 24 selling days, while May 2010 had 26.
