AutoNation Sees Gross Profit Rise Featured

By Staff Writer August 07, 2018

AutoNation Inc. saw a big jump in used gross profit in the second quarter.

The chain reported that same-store used vehicle gross profit was $88 million. That is up 22 percent compared to the year-ago period.

Used supply declined to 33 days as of June 30, down from 43 days at Dec. 31, 2017 and 40 days at June 30, 2017.

Last modified on Tuesday, 07 August 2018 02:30

Please publish modules in offcanvas position.