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Inventories
9 Months Ended
Sep. 30, 2017
Inventories  
Inventories

2. Inventories

 

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

 

 

2017

 

2016

    

Retail automotive dealership new vehicles

 

$

2,228.4

 

$

2,153.0

 

Retail automotive dealership used vehicles

 

 

926.6

 

 

771.7

 

Retail automotive parts, accessories and other

 

 

129.4

 

 

119.1

 

Retail commercial truck dealership vehicles and parts

 

 

227.8

 

 

170.3

 

Commercial vehicle distribution vehicles, parts and engines

 

 

258.1

 

 

194.1

 

Total inventories

 

$

3,770.3

 

$

3,408.2

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $15.7 million and $12.9 million during the three months ended September 30, 2017 and 2016, respectively, and $40.2 million and $38.2 million during the nine months ended September 30, 2017 and 2016, respectively.