Earl. you, Thank
finished As U.S. supply. levels a inventory the new XX-day mentioned, at and units vehicle quarter X,XXX Earl
Our receipts of September were the inventory year at X,XXX approximately the lowest units.
on receive over OEM increase to same trough. November, the at communications, some quarter. production do be we to expect expect point roughly first We in based We But October we current the XXXX. in have and will level believe much visibility into which the levels yet not
Our adjust team decline. required. supply vehicle operations throughout And did our to as the inventory quarter as we increasing a great will margins continues job continue to
used of sales Our third Same retail the vehicle improved unit by quarter XXXX. Store versus XX%
vehicle which from a purchases Our increased did gross team a directly job PRUs, result also great increasing owners. is profit of
supply public which yet sourcing has strategy, continue vehicle hold us judicious while to constant very auctions. with a aggressive, to our largely inventory relatively We be allowed used avoiding
profit including our channels used-only a As us advantage performance. once to over auctions. sourcing dealer, lease numerous closed due sales distinct inventory, was we returns, afforded a most and the OEM service after franchise drives, operators again a our have encouraging driver The
the continues factor was discipline. The despite with XXXX. our dealership to headwinds of reverse gross foresee cost the of warranty major driving to third believe X%, profit grow over half growth collision, year both very time. final same-store in continuing us strong performance We after dealership allowed profit we profits quarter continued after up of by in a to to will which compared gross first and outstanding the sales following ramp near-term. ramp-up continued XX% This sales pay customer same-store Our
AcceleRide XX% Our be XX.X% third gross XXXX, quarter quarter the adjusted down pre-pandemic the of due in quarter I would part percentage XXXX. the another XX.X%, update permanent. from AcceleRide, improvement which in quarterly from gains, third believe we of was to to a digital down will of SG&A our of is third as of to and productivity incoming vehicles In Material profit is like is provide over and in-transit XX% third our AcceleRide difference we platform. on the last a critical X,XXX retailing transactions pre-selling little increase and customers year. to finalize to our AcceleRide, for have units digitally. a And proving new to we maker again be deposits quarter, vehicles inventory sold since customers. allows take very business
of value an expanding In third Group X. exceptional AcceleRide to our footprint. in-transit X license that uploaded In gives nearly Of proven the to which way has Group AcceleRide who online avenue customers superior last inventory, addition the the clearly experience XX% to a be grow quarter us grow ability continue also satisfaction, vehicles. and new provides quarter, to We of to AcceleRide great application a generate omni-channel another proof in our overall incrementally. driver's through reach XX% our control the completing buyers Customers credit platform. AcceleRide to at volumes placed customer's were of orders orders insurance. had used incremental completed XX% and additional or online to advantages XX% that of the process the is to giving believe their sourcing giving critical all well. any is An as of buying car uploaded
up our acquisitions. of through us the feature That's A digital digitally of AcceleRide or is pay AcceleRide. X,XXX through nearly used we either customers purchased to During trades advantage through payment the ability our quarter, in nearly the from customers vehicles XX% for Zelle, individual took X,XXX total second through quarter. customers from sequentially out X,XXX differentiator
our have delivery far About in third miles, In Texas fees AcceleRide. complete distance look dealerships, September, increases transparency adoption customers we activated dealerships more In to X% integrated and view, addition California integrated delivery AcceleRide encouraging. in half very everyone with will front, delivery We delivery with traditional our in are results the sold in our utilized confirming sales quarter digitizing creates In And professionalism. acquisitions. average final the in experience newly in and are AcceleRide soon. at expand everyday our soon. of AcceleRide U.S. XX% XXX footprint increased dealerships upcoming dealership reach dealership about and of The so acquired demonstrating to AcceleRide for will fees remote process. our the preliminary selling, of the launching launch we extend at vehicle XX Northeast Prime showroom, customers in chose the to significantly saves ability steps. time, up the forward our is further and the
XXXX. of start to dealerships in expect AcceleRide January rolling out in those We
third quickly a XX% units versus Turning sold quarter to XXXX. despite in Brazil, decline of nearly industry the
once thinning the again growing resulting history. in a aggressively margins fantastic cost across did region's quarter and all lowest structure, job the in SG&A of the team Our business lines
our at quarter record. For a the second teams an all-time quarterly Brazilian in profit row,
liquidity rebound CFO, well sheet sales the We of our provide I Daniel? continue a the turn to and now benefit to call coming balance out to review. from pandemic. be positioned to a will Daniel over McHenry