AutoNation Reports October New Vehicle Sales Up 14%

AutoNation Inc. said it had retail sales of 28,247 new vehicles in October, up 14% from Oct. 2014. Sales of domestic vehicles totaled 8,724, up 16% from the previous year. Import sales were up 10% to 13,164. And premium luxury sales were up 17% from Oct. 2014 to 6,359. Same-store sales increased 11% year-over-year. AutoNation shares are up 5.9% for the year so far. The S&P is up 2.5% for the same period.

Copyright © 2015 MarketWatch, Inc.