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Inventories
3 Months Ended
Mar. 31, 2019
Inventories  
Inventories

4. Inventories

 

Inventories consisted of the following:

 

 

 

 

 

 

 

 

 

 

    

March 31,

    

December 31,

 

 

 

2019

 

2018

    

Retail automotive dealership new vehicles

 

$

2,400.9

 

$

2,397.0

 

Retail automotive dealership used vehicles

 

 

1,102.8

 

 

1,060.8

 

Retail automotive parts, accessories and other

 

 

130.3

 

 

140.8

 

Retail commercial truck dealership vehicles and parts

 

 

234.6

 

 

207.9

 

Commercial vehicle distribution vehicles, parts and engines

 

 

235.5

 

 

233.6

 

Total inventories

 

$

4,104.1

 

$

4,040.1

 

 

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $12.1 million and $12.0 million during the three months ended March 31, 2019 and 2018, respectively.