Quarterly report [Sections 13 or 15(d)]

Inventories (Tables)

v3.26.1
Inventories (Tables)
3 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Components of Inventories
Inventories consist of the following:
March 31, 2026 December 31, 2025
(In millions)
New vehicles $ 1,193.5  $ 1,140.1 
Used vehicles 570.6  523.8 
Service loaners (1) 246.2  233.1 
Parts, accessories and other 113.3  115.9 
Inventories $ 2,123.6  $ 2,012.9 

(1)Service loaner inventory includes approximately $34.9 million and $35.7 million as of March 31, 2026 and December 31, 2025, respectively, related to vehicles that are leased directly from the manufacturer on a short-term basis. A corresponding liability is included within notes payable - floor plan - trade on the accompanying unaudited condensed consolidated balance sheets.