8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date Of Report (Date Of Earliest Event Reported) July 24, 2008

AUTONATION, INC.

(Exact Name Of Registrant As Specified In Its Charter)

DELAWARE	1-13107	73-1105145
(State Or Other Jurisdiction Of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

110 S.E. 6th Street
Ft. Lauderdale, Florida 33301

(Address Of Principal Executive Offices, Including Zip Code)

Registrant’s Telephone Number, Including Area Code (954) 769-6000

(Former Name Or Former Address, If Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On July 24, 2008, AutoNation, Inc. (the “Company”) issued a press release announcing its results of operations for the fiscal quarter ended June 30, 2008. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated July 24, 2008 issued by AutoNation, Inc.

2

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AUTONATION, INC.
(Registrant)
By:	/s/ Jonathan P. Ferrando
	Jonathan P. Ferrando
	Executive Vice President, General Counsel and Secretary

Dated: July 24, 2008

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INDEX TO EXHIBITS

Exhibit		Exhibit
Number		Description
	99.1	Press Release dated July 24, 2008 issued by AutoNation, Inc.

4

EX-99.1

Exhibit 99.1

For Immediate Release Contact: Marc Cannon
(954) 769-3146
Cannonm@autonation.com

AutoNation Reports 2008 Second Quarter Results of Operations

FORT LAUDERDALE, Fla. (July 24, 2008) —AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported 2008 second quarter net income from continuing operations of $53 million or $0.29 per share, compared to year-ago net income from continuing operations of $79 million or $0.38 per share. After adjusting for certain items disclosed in the attached financial tables, net income from continuing operations for the 2008 second quarter was $59 million or $0.33 per share, compared to $76 million or $0.36 per share in the prior year.

Second quarter 2008 revenue totaled $3.9 billion, compared to $4.5 billion in the year-ago period, driven primarily by lower new vehicle sales. In the second quarter, total U.S. industry retail sales declined 16%, based on CNW Research data. In comparison, in the second quarter AutoNation’s new vehicle unit sales declined 12%.

Commenting on the second quarter, Mike Jackson, Chairman and Chief Executive Officer, said, “Despite the fact that this past quarter was the most challenging automotive sales environment any of us have encountered, AutoNation delivered solid profitability.” Mr. Jackson also noted, “In the second quarter, the industry encountered $4.00 per gallon gasoline on top of the continued housing depression and credit crisis, resulting in a significant challenge as consumers are either postponing the purchase of vehicles or they are purchasing smaller vehicles that are more economical both at the time of purchase and at the pump. We now believe that, in 2008, U.S. new vehicle industry sales will decline to the low-14 million unit level.”

Mr. Jackson added, “In continuing response to the ongoing macroeconomic and industry challenges, we are executing a cost reduction plan with a targeted annualized run rate pre-tax savings of $100 million. In the first half of the year, we achieved approximately $25 million of this benefit. In the second half of the year, we expect to achieve approximately $50 million of savings, for a full-year 2008 impact of $75 million on a pre-tax basis. Our targeted annualized cost savings include reductions in advertising spending, corporate overhead expense and store personnel expense.”

1

For the six-month period ended June 30, 2008, the Company reported net income from continuing operations of $109 million or $0.60 per share compared to $162 million or $0.77 per share in the prior year. After adjusting for certain items as disclosed in the attached financial tables, net income from continuing operations for the six-month period ended June 30, 2008 was $115 million or $0.64 per share, compared to $153 million or $0.73 per share. The Company’s revenue for the six-month period ended June 30, 2008 totaled $7.9 billion, down 10% compared to $8.8 billion in the prior year.

The second quarter conference call may be accessed at 10:00 a.m. Eastern Time today by phone at 888-769-8515 or via the Internet (audio webcast) at http://www.AutoNation.com by clicking on the “About Us” link then clicking on “Investors” and then “Webcasts.” A playback of the conference call will be available after 12:00 (noon) p.m. Eastern Time August 1, 2008 through August 7, 2008 by calling 888-562-6304.

About AutoNation, Inc.

AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America’s largest automotive retailer and has been named America’s Most Admired Automotive Retailer by FORTUNE Magazine in five of the last seven years. A component of the Standard and Poor’s 500 Index, AutoNation owns and operates 319 new vehicle franchises in 15 states. For additional information, please visit http://corp.AutoNation.com or www.AutoNation.com, where more than 80,000 vehicles are available for sale along with AutoNation’s E-Vehicle program.

FORWARD LOOKING STATEMENTS

Certain statements and information included in this release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management’s projections, estimates and expectations is contained in the Company’s SEC filings. The Company undertakes no duty to update its forward-looking statements, including its long-term growth targets.

NON-GAAP FINANCIAL MEASURES

The attached financial tables contain certain non-GAAP financial measures as defined under SEC rules, such as net income and diluted earnings per share from continuing operations, adjusted in each case to exclude certain items disclosed in the attached financial tables. As required by SEC rules, the Company has provided reconciliations of these measures to the most directly comparable GAAP measures, which are set forth in the attachments to this release. The Company believes that each of the foregoing non-GAAP financial measures improves the transparency of the Company’s disclosure, provides a meaningful presentation of the Company’s results from its core business operations excluding the impact of items not related to the Company’s ongoing core business operations, and improves the period-to-period comparability of the Company’s results from its core business operations.

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AUTONATION, INC.
UNAUDITED CONDENSED CONSOLIDATED INCOME STATEMENTS
($ in millions, except per share data)

	Three Months Ended June 30,						Six Months Ended June 30,
	2008			2007			2008			2007
Revenue:
New vehicle	$	2,178.4		$	2,587.4		$	4,376.5		$	5,010.4
Used vehicle		940.4			1,080.6			1,920.8			2,146.8
Parts and service		637.8			641.7			1,292.3			1,286.3
Finance and insurance, net		136.0			150.1			280.9			296.3
Other		17.0			17.1			34.6			34.2
Total revenue		3,909.6			4,476.9			7,905.1			8,774.0
Cost of sales:
New vehicle		2,034.6			2,408.5			4,086.7			4,654.8
Used vehicle		860.2			987.9			1,756.5			1,951.3
Parts and service		359.6			359.9			730.1			723.1
Other		7.7			6.5			15.2			13.2
Total cost of sales		3,262.1			3,762.8			6,588.5			7,342.4
Gross profit		647.5			714.1			1,316.6			1,431.6
Selling, general and administrative expenses		488.8			507.4			986.7			1,018.3
Depreciation and amortization		22.4			21.3			45.9			42.2
Other expenses (income), net		5.2			1.5			5.5			1.5
Operating income		131.1			183.9			278.5			369.6
Floorplan interest expense		(21.5	)		(32.6	)		(46.8	)		(64.3	)
Other interest expense		(21.6	)		(26.4	)		(48.4	)		(52.8	)
Interest income		0.3			0.9			0.8			1.8
Other gains (losses), net		0.9			0.7			(0.9	)		0.9
Income from continuing operations before income taxes		89.2			126.5			183.2			255.2
Provision for income taxes		36.6			47.2			74.7			93.3
Net income from continuing operations		52.6			79.3			108.5			161.9
Loss from discontinued operations, net of income taxes		(0.8	)		(2.0	)		(6.0	)		(7.0	)
Net income	$	51.8		$	77.3		$	102.5		$	154.9
Diluted earnings (loss) per share:
Continuing operations	$	0.29		$	0.38		$	0.60		$	0.77
Discontinued operations	$	(0.00	)	$	(0.01	)	$	(0.03	)	$	(0.03	)
Net income	$	0.29		$	0.37		$	0.57		$	0.74
Weighted average common shares outstanding		178.7			208.6			179.6			209.7
Common shares outstanding, net of treasury stock, at June 30		176.7			201.9			176.7			201.9

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AUTONATION, INC.
UNAUDITED SUPPLEMENTARY DATA
($ in millions, except per vehicle data)

Operating Highlights	Three Months Ended June 30,												Six Months Ended June 30,
	2008			2007			$ Variance			% Variance			2008			2007			$ Variance			% Variance
Revenue:
New vehicle	$	2,178.4		$	2,587.4		$	(409.0	)		(15.8	)	$	4,376.5		$	5,010.4		$	(633.9	)		(12.7	)
Retail used vehicle		789.3			859.7			(70.4	)		(8.2	)		1,603.6			1,720.3			(116.7	)		(6.8	)
Wholesale		151.1			220.9			(69.8	)		(31.6	)		317.2			426.5			(109.3	)		(25.6	)
Used vehicle		940.4			1,080.6			(140.2	)		(13.0	)		1,920.8			2,146.8			(226.0	)		(10.5	)
Parts and service		637.8			641.7			(3.9	)		(0.6	)		1,292.3			1,286.3			6.0			0.5
Finance and insurance, net		136.0			150.1			(14.1	)		(9.4	)		280.9			296.3			(15.4	)		(5.2	)
Other		17.0			17.1			(0.1	)					34.6			34.2			0.4
Total revenue	$	3,909.6		$	4,476.9		$	(567.3	)		(12.7	)	$	7,905.1		$	8,774.0		$	(868.9	)		(9.9	)
Gross profit:
New vehicle	$	143.8		$	178.9		$	(35.1	)		(19.6	)	$	289.8		$	355.6		$	(65.8	)		(18.5	)
Retail used vehicle		81.3			91.9			(10.6	)		(11.5	)		165.8			191.9			(26.1	)		(13.6	)
Wholesale		(1.1	)		0.8			(1.9	)					(1.5	)		3.6			(5.1	)
Used vehicle		80.2			92.7			(12.5	)		(13.5	)		164.3			195.5			(31.2	)		(16.0	)
Parts and service		278.2			281.8			(3.6	)		(1.3	)		562.2			563.2			(1.0	)		(0.2	)
Finance and insurance		136.0			150.1			(14.1	)		(9.4	)		280.9			296.3			(15.4	)		(5.2	)
Other		9.3			10.6			(1.3	)					19.4			21.0			(1.6	)
Total gross profit		647.5			714.1			(66.6	)		(9.3	)		1,316.6			1,431.6			(115.0	)		(8.0	)
Selling, general and administrative expenses		488.8			507.4			18.6			3.7			986.7			1,018.3			31.6			3.1
Depreciation and amortization		22.4			21.3			(1.1	)					45.9			42.2			(3.7	)
Other expenses (income), net		5.2			1.5			(3.7	)					5.5			1.5			(4.0	)
Operating income		131.1			183.9			(52.8	)		(28.7	)		278.5			369.6			(91.1	)		(24.6	)
Floorplan interest expense		(21.5	)		(32.6	)		11.1						(46.8	)		(64.3	)		17.5
Other interest expense		(21.6	)		(26.4	)		4.8						(48.4	)		(52.8	)		4.4
Interest income		0.3			0.9			(0.6	)					0.8			1.8			(1.0	)
Other gains (losses), net		0.9			0.7			0.2						(0.9	)		0.9			(1.8	)
Income from continuing operations before income taxes	$	89.2		$	126.5		$	(37.3	)		(29.5	)	$	183.2		$	255.2		$	(72.0	)		(28.2	)
Retail vehicle unit sales:
New		73,811			84,295			(10,484	)		(12.4	)		145,473			162,407			(16,934	)		(10.4	)
Used		49,925			51,802			(1,877	)		(3.6	)		100,704			104,652			(3,948	)		(3.8	)
		123,736			136,097			(12,361	)		(9.1	)		246,177			267,059			(20,882	)		(7.8	)
Revenue per vehicle retailed:
New	$	29,513		$	30,695		$	(1,182	)		(3.9	)	$	30,085		$	30,851		$	(766	)		(2.5	)
Used	$	15,810		$	16,596		$	(786	)		(4.7	)	$	15,924		$	16,438		$	(514	)		(3.1	)
Gross profit per vehicle retailed:
New	$	1,948		$	2,122		$	(174	)		(8.2	)	$	1,992		$	2,190		$	(198	)		(9.0	)
Used	$	1,628		$	1,774		$	(146	)		(8.2	)	$	1,646		$	1,834		$	(188	)		(10.3	)
Finance and insurance	$	1,099		$	1,103		$	(4	)		(0.4	)	$	1,141		$	1,109		$	32			2.9

Operating Percentages	Three Months Ended June 30,				Six Months Ended June 30,
	2008 (%)		2007 (%)		2008 (%)		2007 (%)
Revenue mix percentages:
New vehicle		55.7		57.8		55.4		57.1
Used vehicle		24.1		24.1		24.3		24.5
Parts and service		16.3		14.3		16.3		14.7
Finance and insurance, net		3.5		3.4		3.6		3.4
Other		0.4		0.4		0.4		0.3
		100.0		100.0		100.0		100.0
Gross profit mix percentages:
New vehicle		22.2		25.1		22.0		24.8
Used vehicle		12.4		13.0		12.5		13.7
Parts and service		43.0		39.5		42.7		39.3
Finance and insurance		21.0		21.0		21.3		20.7
Other		1.4		1.4		1.5		1.5
		100.0		100.0		100.0		100.0
Operating items as a percentage of revenue:
Gross profit:
New vehicle		6.6		6.9		6.6		7.1
Used vehicle — retail		10.3		10.7		10.3		11.2
Parts and service		43.6		43.9		43.5		43.8
Total		16.6		16.0		16.7		16.3
Selling, general and administrative expenses		12.5		11.3		12.5		11.6
Operating income		3.4		4.1		3.5		4.2
Operating items as a percentage of total gross profit:
Selling, general and administrative expenses		75.5		71.1		74.9		71.1
Operating income		20.2		25.8		21.2		25.8

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AUTONATION, INC.
UNAUDITED SUPPLEMENTARY DATA, Continued
($ in millions, except per share data)

Capital Expenditures/Stock Repurchases	Three Months Ended June 30,				Six Months Ended June 30,
	2008		2007		2008		2007
Capital expenditures	$	18.0	$	36.6	$	41.5	$	78.9
Acquisitions	$	—	$	0.8	$	29.4	$	0.8
Proceeds from exercises of stock options	$	—	$	12.5	$	1.0	$	88.6
Stock repurchases:
Aggregate purchase price	$	26.3	$	189.6	$	54.1	$	239.9
Shares repurchased (in millions)		1.9		8.7		3.8		11.0

Floorplan Assistance and Expense	Three Months Ended June 30,									Six Months Ended June 30,
	2008			2007			Variance			2008			2007			Variance
Floorplan assistance earned (included in cost of sales)	$	19.6		$	24.3		$	(4.7	)	$	40.6		$	48.4		$	(7.8	)
Floorplan interest expense (new vehicles)	$	(20.8	)	$	(32.4	)		11.6		$	(45.9	)	$	(64.0	)		18.1
Net inventory carrying cost	$	(1.2	)	$	(8.1	)	$	6.9		$	(5.3	)	$	(15.6	)	$	10.3

Balance Sheet and Other Highlights
	June 30, 2008		December 31, 2007		June 30, 2007
Cash and cash equivalents	$	42.1	$	33.0	$	31.7
Inventory	$	2,295.4	$	2,281.5	$	2,289.2
Total floorplan notes payable	$	2,245.0	$	2,142.7	$	2,053.6
Non-vehicle debt	$	1,518.1	$	1,775.8	$	1,528.6
Equity	$	3,535.1	$	3,473.5	$	3,738.1
New days supply (industry standard of selling days, including fleet)	62 days		52 days		55 days
Used days supply (trailing 30 days)	42 days		44 days		44 days

Brand Mix - New Vehicle Revenue %
	Three Months Ended June 30,				Six Months Ended June 30,
	2008 (%)		2007 (%)		2008 (%)		2007 (%)
Detroit 3:
Ford, Lincoln-Mercury		11.9		15.1		12.8		14.9
Chevrolet, Pontiac, Buick, Cadillac, GMC		12.2		13.0		12.6		13.4
Chrysler, Jeep, Dodge		5.4		6.7		5.9		6.6
Detroit 3 total		29.5		34.8		31.3		34.9
Import Premium Luxury:
Mercedes		12.5		11.4		12.2		11.8
BMW		6.9		6.7		6.7		6.4
Lexus		3.9		3.9		4.0		3.9
Other premium luxury (Land Rover, Porsche)		2.7		3.1		2.7		3.1
Premium Luxury total		26.0		25.1		25.6		25.2
Volume Imports:
Honda		11.5		9.3		10.5		9.2
Toyota		17.4		16.0		16.8		15.4
Nissan		9.5		9.0		9.7		9.4
Other imports		6.1		5.8		6.1		5.9
Import total		44.5		40.1		43.1		39.9
		100.0		100.0		100.0		100.0

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AUTONATION, INC.
UNAUDITED SUPPLEMENTARY DATA, Continued
($ in millions, except per share data)

Comparable Basis Reconciliations*
	Three Months Ended June 30,
	Net Income					Diluted Earnings Per Share
	2008		2007			2008		2007
As reported	$	51.8	$	77.3		$	0.29	$	0.37
Discontinued operations, net of income taxes		0.8		2.0		$	0.00	$	0.01
From continuing operations, as reported		52.6		79.3		$	0.29	$	0.38
Income tax adjustments		—		(3.5	)	$	—	$	(0.02	)
Stock compensation expense adjustment		3.1		—		$	0.02	$	—
Franchise impairments		3.0		—		$	0.02	$	—
Adjusted	$	58.7	$	75.8		$	0.33	$	0.36

	Six Months Ended June 30,
	Net Income					Diluted Earnings Per Share
	2008		2007			2008		2007
As reported	$	102.5	$	154.9		$	0.57	$	0.74
Discontinued operations, net of income taxes		6.0		7.0		$	0.03	$	0.03
From continuing operations, as reported		108.5		161.9		$	0.60	$	0.77
Income tax adjustments		—		(8.6	)	$	—	$	(0.04	)
Stock compensation expense adjustment		3.1		—		$	0.02	$	—
Franchise impairments		3.0		—		$	0.02	$	—
Adjusted	$	114.6	$	153.3		$	0.64	$	0.73

* Please refer to the “Non-GAAP Financial Measures” section of the Press Release.

Business Assumptions Impacting Long-term Average EPS Growth Target of 10% to 12% Per Year:
U.S. light vehicle annual unit sales	assumes recovery in key markets
Continued opportunistic redeployment of cash flow	share repurchase, capital expenditures and acquisitions
Targeted return on incremental invested capital	approximately 15% after-tax

6

AUTONATION, INC.
UNAUDITED SAME STORE DATA
($ in millions, except per vehicle data)

Operating Highlights	Three Months Ended June 30,											Six Months Ended June 30,
	2008			2007		$ Variance			% Variance			2008		2007			$ Variance			% Variance
Revenue:
New vehicle	$	2,168.8		$	2,587.4	$	(418.6	)		(16.2	)	$	4,356.3	$	5,010.4		$	(654.1	)		(13.1	)
Retail used vehicle		784.2			859.7		(75.5	)		(8.8	)		1,593.5		1,720.3			(126.8	)		(7.4	)
Wholesale		148.9			220.4		(71.5	)		(32.4	)		313.4		425.5			(112.1	)		(26.3	)
Used vehicle		933.1			1,080.1		(147.0	)		(13.6	)		1,906.9		2,145.8			(238.9	)		(11.1	)
Parts and service		634.3			641.7		(7.4	)		(1.2	)		1,284.1		1,286.3			(2.2	)		(0.2	)
Finance and insurance, net		135.4			150.1		(14.7	)		(9.8	)		279.8		296.3			(16.5	)		(5.6	)
Other		5.3			6.5		(1.2	)		(18.5	)		11.8		13.5			(1.7	)		(12.6	)
Total revenue	$	3,876.9		$	4,465.8	$	(588.9	)		(13.2	)	$	7,838.9	$	8,752.3		$	(913.4	)		(10.4	)
Gross profit:
New vehicle	$	143.1		$	178.9	$	(35.8	)		(20.0	)	$	288.2	$	355.6		$	(67.4	)		(19.0	)
Retail used vehicle		80.8			91.9		(11.1	)		(12.1	)		164.6		191.9			(27.3	)		(14.2	)
Wholesale		(1.7	)		0.3		(2.0	)		(2.5	)		2.6		(5.1	)
Used vehicle		79.1			92.2		(13.1	)		(14.2	)		162.1		194.5			(32.4	)		(16.7	)
Parts and service		275.9			281.2		(5.3	)		(1.9	)		557.3		562.0			(4.7	)		(0.8	)
Finance and insurance		135.4			150.1		(14.7	)		(9.8	)		279.8		296.3			(16.5	)		(5.6	)
Other		5.7			6.8		(1.1	)					12.2		13.5			(1.3	)
Total gross profit	$	639.2		$	709.2	$	(70.0	)		(9.9	)	$	1,299.6	$	1,421.9		$	(122.3	)		(8.6	)
Retail vehicle unit sales:
New		73,545			84,295		(10,750	)		(12.8	)		144,929		162,407			(17,478	)		(10.8	)
Used		49,674			51,802		(2,128	)		(4.1	)		100,206		104,652			(4,446	)		(4.2	)
		123,219			136,097		(12,878	)		(9.5	)		245,135		267,059			(21,924	)		(8.2	)
Revenue per vehicle retailed:
New	$	29,489		$	30,695	$	(1,206	)		(3.9	)	$	30,058	$	30,851		$	(793	)		(2.6	)
Used	$	15,787		$	16,596	$	(809	)		(4.9	)	$	15,902	$	16,438		$	(536	)		(3.3	)
Gross profit per vehicle retailed:
New	$	1,946		$	2,122	$	(176	)		(8.3	)	$	1,989	$	2,190		$	(201	)		(9.2	)
Used	$	1,627		$	1,774	$	(147	)		(8.3	)	$	1,643	$	1,834		$	(191	)		(10.4	)
Finance and insurance	$	1,099		$	1,103	$	(4	)		(0.4	)	$	1,141	$	1,109		$	32			2.9

Operating Percentages	Three Months Ended June 30,				Six Months Ended June 30,
	2008 (%)		2007 (%)		2008 (%)		2007 (%)
Revenue mix percentages:
New vehicle		55.9		57.9		55.6		57.2
Used vehicle		24.1		24.2		24.3		24.5
Parts and service		16.4		14.4		16.4		14.7
Finance and insurance, net		3.5		3.4		3.6		3.4
Other		0.1		0.1		0.1		0.2
		100.0		100.0		100.0		100.0
Gross profit mix percentages:
New vehicle		22.4		25.2		22.2		25.0
Used vehicle		12.4		13.0		12.5		13.7
Parts and service		43.2		39.7		42.9		39.5
Finance and insurance		21.2		21.2		21.5		20.8
Other		0.8		0.9		0.9		1.0
		100.0		100.0		100.0		100.0
Operating items as a percentage of revenue:
Gross Profit:
New vehicle		6.6		6.9		6.6		7.1
Used vehicle – retail		10.3		10.7		10.3		11.2
Parts and service		43.5		43.8		43.4		43.7
Total		16.5		15.9		16.6		16.2

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