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Inventories
6 Months Ended
Jun. 30, 2016
Inventories  
Inventories

2. Inventories

 

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

 

    

June 30,

    

December 31,

 

 

 

2016

 

2015

    

Retail automotive dealership new vehicles

 

$

2,057.1

 

$

2,218.6

 

Retail automotive dealership used vehicles

 

 

741.8

 

 

719.0

 

Retail automotive parts, accessories and other

 

 

118.6

 

 

113.6

 

Retail commercial truck dealership vehicles and parts

 

 

230.6

 

 

208.8

 

Commercial vehicle distribution vehicles and parts

 

 

203.7

 

 

203.5

 

Total inventories

 

$

3,351.8

 

$

3,463.5

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $11.0 million and $14.4 million during the three months ended June 30, 2016 and 2015, respectively, and $22.4 million and $23.5 million during the six months ended June 30, 2016 and 2015, respectively.