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Inventories
3 Months Ended
Mar. 31, 2017
Inventories  
Inventories

2. Inventories

 

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

 

 

 

2017

 

2016

    

Retail automotive dealership new vehicles

 

$

2,228.5

 

$

2,153.0

 

Retail automotive dealership used vehicles

 

 

886.4

 

 

771.7

 

Retail automotive parts, accessories and other

 

 

119.9

 

 

119.1

 

Retail commercial truck dealership vehicles and parts

 

 

129.1

 

 

170.3

 

Commercial vehicle distribution vehicles and parts

 

 

201.9

 

 

194.1

 

Total inventories

 

$

3,565.8

 

$

3,408.2

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $10.1 million and $11.4 million during the three months ended March 31, 2017 and 2016, respectively.