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Inventories
9 Months Ended
Sep. 30, 2018
Inventories  
Inventories

3. Inventories

 

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

 

 

2018

 

2017

    

Retail automotive dealership new vehicles

 

$

2,143.2

 

$

2,344.1

 

Retail automotive dealership used vehicles

 

 

1,042.4

 

 

993.1

 

Retail automotive parts, accessories and other

 

 

126.3

 

 

141.7

 

Retail commercial truck dealership vehicles and parts

 

 

245.9

 

 

207.0

 

Commercial vehicle distribution vehicles, parts and engines

 

 

225.6

 

 

258.2

 

Total inventories

 

$

3,783.4

 

$

3,944.1

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $15.1 million and $15.7 million during the three months ended September 30, 2018 and 2017, respectively, and $40.7 million and $40.2 million during the nine months ended September 30, 2018 and 2017, respectively.