AutoNation Reports Strong Used Car Sales During Fourth Quarter

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Auto Remarketing - February 3, 2015

Dur­ing AutoNation’s fourth-quar­ter earn­ings call, the com­pa­ny report­ed that its retail used vehi­cle unit sales for the fourth quar­ter of 2014 increased by 9% over­all, to 53,534 units. On a same-store basis, it was at 52,546 units, a 7% increase. For the entire year, total used units sold increased up to 214,910, a 9% increase. AutoNation’s new vehi­cle sales were only slight­ly bet­ter dur­ing 2014 with a 9% over­all increase in sales at 318,008 units in 2014, or, on a same-store basis, a 7% increase with 311,128 vehi­cles sold.

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