XML 24 R12.htm IDEA: XBRL DOCUMENT v3.21.1
Inventories
3 Months Ended
Mar. 31, 2021
Inventories  
Inventories

4. Inventories

Inventories consisted of the following:

    

March 31,

    

December 31,

2021

2020

    

Retail automotive dealership new vehicles

$

1,671.2

$

1,810.9

Retail automotive dealership used vehicles

 

991.5

 

1,019.7

Retail automotive parts, accessories, and other

113.7

117.2

Retail commercial truck dealership vehicles and parts

 

231.3

 

223.1

Commercial vehicle distribution vehicles, parts, and engines

270.1

254.7

Total inventories

$

3,277.8

$

3,425.6

We receive credits from certain vehicle manufacturers that reduce cost of sales when the vehicles are sold. Such credits amounted to $15.8 million and $11.5 million during the three months ended March 31, 2021, and 2020, respectively.