AutoNation’s U.S. new-car retail revenue rise 4% in February

AutoNation Inc., the nation’;s biggest automobile retailer, stated right now its U.S. new-vehicle retail income rose 4 % in February from a yr earlier to 21,987 units. It was the dealership group’;s prime-marketing February considering that 2007.

Retail sales in AutoNation’;s luxury segment jumped 7 % in February from a yr earlier to 4,336, the firm stated in a statement.

Domestic and import brand names also posted modest gains in February from the very same month a 12 months in the past. Domestic-brand retail income rose 3 percent to 6,829. Import-brand retail revenue enhanced 4 percent to 10,822, AutoNation explained.

Exact same-store sales rose 2 percent in February from the yr earlier to 21,560.

Separately, AutoNation named Cheryl Scully executive vice president and CFO, efficient Monday, March 3. She had been interim CFO because Jan. 6, when former CFO Mike Short left the company citing private factors.

Scully, 41, joined AutoNation in 2009 as vice president and treasurer. In 2010, she assumed accountability for the company’;s investor relations department.

AutoNation, of Fort Lauderdale, Fla., ranks No. 1 on Automotive News’; checklist of the leading 125 dealership groups in the United States, with retail revenue of 267,810 new autos in 2012.

You can attain Sean Gagnier at sgagnier@crain.com.

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