AN » Topics » Our new vehicle sales are impacted by the consumer incentive and marketing programs of vehicle manufacturers.

This excerpt taken from the AN 10-K filed Feb 17, 2010.

Our new vehicle sales are impacted by the consumer incentive and marketing programs of vehicle manufacturers.

Most vehicle manufacturers from time to time establish various incentive and marketing programs designed to spur consumer demand for their vehicles. These programs impact our operations, particularly our sales of new vehicles. Since these programs are often not announced in advance, they can be difficult to plan for when ordering inventory. Additionally, manufacturers may modify and discontinue these incentive and marketing programs from time to time, which could have a material adverse effect on our results of operations and cash flows.

These excerpts taken from the AN 10-K filed Feb 17, 2009.
Our new vehicle sales are impacted by the consumer incentive and marketing programs of vehicle manufacturers.
 
Most vehicle manufacturers from time to time have established various incentive and marketing programs designed to spur consumer demand for their vehicles. In addition, certain manufacturers offer extended product warranties or free service programs to consumers. From time to time, manufacturers modify and


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discontinue these dealer assistance and consumer incentive and marketing programs, which could have a significant adverse effect on our new vehicle and aftermarket product sales, results of operations, and cash flows.
 
Our
new vehicle sales are impacted by the consumer incentive and
marketing programs of vehicle manufacturers.



 



Most vehicle manufacturers from time to time have established
various incentive and marketing programs designed to spur
consumer demand for their vehicles. In addition, certain
manufacturers offer extended product warranties or free service
programs to consumers. From time to time, manufacturers modify
and





15





 






discontinue these dealer assistance and consumer incentive and
marketing programs, which could have a significant adverse
effect on our new vehicle and aftermarket product sales, results
of operations, and cash flows.


 




These excerpts taken from the AN 10-K filed Feb 28, 2008.
Our new vehicle sales are impacted by the consumer incentive and marketing programs of vehicle manufacturers.
 
Most vehicle manufacturers from time to time have established various incentive and marketing programs designed to spur consumer demand for their vehicles. In addition, certain manufacturers offer extended product warranties or free service programs to consumers. From time to time, manufacturers modify and discontinue these dealer assistance and consumer incentive and marketing programs, which could have a significant adverse effect on our new vehicle and aftermarket product sales, consolidated results of operations, and cash flows.
 
Our
new vehicle sales are impacted by the consumer incentive and
marketing programs of vehicle manufacturers.



 



Most vehicle manufacturers from time to time have established
various incentive and marketing programs designed to spur
consumer demand for their vehicles. In addition, certain
manufacturers offer extended product warranties or free service
programs to consumers. From time to time, manufacturers modify
and discontinue these dealer assistance and consumer incentive
and marketing programs, which could have a significant adverse
effect on our new vehicle and aftermarket product sales,
consolidated results of operations, and cash flows.


 




This excerpt taken from the AN 10-K filed Feb 28, 2007.
Our new vehicle sales are impacted by the consumer incentive and marketing programs of vehicle manufacturers.
 
Most vehicle manufacturers from time to time have established various incentive and marketing programs designed to spur consumer demand for their vehicles. In addition, certain manufacturers offer extended product warranties or free service programs to consumers. From time to time, manufacturers modify and discontinue these


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dealer assistance and consumer incentive and marketing programs, which could have a significant adverse effect on our new vehicle and aftermarket product sales, consolidated results of operations and cash flows.
 
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