Quarterly report [Sections 13 or 15(d)]

Inventories (Tables)

v3.26.3
Inventories (Tables)
9 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Components of Inventories
Inventories consist of the following:
September 30, 2026 December 31, 2025
(In millions)
New vehicles $ 1,409.4  $ 1,140.1 
Used vehicles 635.5  523.8 
Service loaners (1) 279.3  233.1 
Parts, accessories and other 118.8  115.9 
Inventories $ 2,443.0  $ 2,012.9 

(1)Service loaner inventory includes approximately $35.5 million and $35.7 million as of September 30, 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.