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Policy: Economy

AutoNation February new vehicle sales climb 4 pct

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News,Business,Autos,Economy,Auto Industry

FORT LAUDERDALE, Fla. (AP) — AutoNation Inc.'s February new vehicle sales climbed 4 percent from a year earlier.

The country's biggest automotive retailer said Tuesday that it sold 21,987 new vehicles during the month — which was its highest February total since 2007.

Domestic vehicle sales increased 3 percent to 6,829 and sales of imported vehicles rose 4 percent to 10,822. Premium luxury vehicle sales climbed 7 percent to 4,336.

AutoNation shares rose 27 cents to $52.92 in light premarket trading about three hours ahead of the market open.

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