XML 51 R11.htm IDEA: XBRL DOCUMENT v3.2.0.727
Inventories
6 Months Ended
Jun. 30, 2015
Inventories  
Inventories

 

2. Inventories

 

Inventories consisted of the following:

 

 

 

June 30,

 

December 31,

 

 

 

2015

 

2014

 

Retail automotive new vehicles

 

$

1,941.5 

 

$

1,792.5 

 

Retail automotive used vehicles

 

676.7 

 

639.9 

 

Retail automotive parts, accessories and other

 

107.4 

 

103.5 

 

Commercial truck dealership vehicles and parts

 

149.4 

 

85.5 

 

Commercial vehicle distribution vehicles and parts

 

180.4 

 

197.8 

 

 

 

 

 

 

 

Total inventories

 

$

3,055.4 

 

$

2,819.2 

 

 

 

 

 

 

 

 

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $11.1 million and $8.4 million during the three months ended June 30, 2015 and 2014, respectively, and $20.2 million and $17.2 million during the six months ended June 30, 2015 and 2014, respectively.