AutoNation Inc. (NYSE:AN) revealed an impressive 17% rise in new vehicle sales to 19,994 units in February, mainly driven by strong sales growth in its Premium Luxury brands. This is the strongest sales increase in the past three months.
Sales of the Domestic brands, which comprise stores that sell vehicles manufactured by General Motors (NYSE:GM), Ford Motor Co. (NYSE:F) and Chrysler LLC, grew 18% on a year-over-year basis to 6,179 units.
Sales of the Import brands, comprising stores that sell vehicles … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards