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Letter to the Editor
Monday November 8
AutoNation October Sales Rise 15 Percent from 2009
National vehicle dealer AutoNation Inc. has reported that its new vehicle sales increased 15 percent in October compared with the previous year, a bigger jump than the industry overall.The Fort Lauderdale, Florida company said it sold 17,530 vehicles in October.
Overall industry sales rose 13.4 percent compared with last October, according to AutoData Corp.
U.S. auto sales put in their strongest performance of the year in October as buyers grew more confident in the economy and new models attracted them into dealerships.
Industry sales overall fell less than one percent from September to October.
AutoNation's new retail vehicle sales were down less than three percent in October versus September.
The company's domestic sales increased 20 percent in October from last year, import sales rose 16 percent and premium luxury sales were up five percent.
AutoNation, the largest U.S. dealership chain, operates more than 250 dealerships in 15 states.
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