Inventories

9 Months Ended

Sep. 30, 2024

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consisted of the following:

	September 30, 2024		December 31, 2023
Retail automotive dealership new vehicles	$	2,353.0	$	1,951.3
Retail automotive dealership used vehicles	1,154.1		1,186.3
Retail automotive parts, accessories, and other	169.2		156.2
Retail commercial truck dealership vehicles and parts	596.6		543.7
Commercial vehicle distribution vehicles, parts, and engines	549.5		455.6
Total inventories	$	4,822.4	$	4,293.1

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $18.3 million and $11.5 million during the three months ended September 30, 2024 and 2023, respectively, and $49.0 million and $36.2 million during the nine months ended September 30, 2024 and 2023, respectively.