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REVENUES
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
The following tables present the Company’s revenues disaggregated by its geographical segments (in millions):
Three Months Ended March 31, 2021
U.S.U.K.BrazilTotal
New vehicle retail sales$1,246.0 $263.2 $34.1 $1,543.4 
Used vehicle retail sales696.5 191.6 10.7 898.8 
Used vehicle wholesale sales50.4 27.8 2.0 80.2 
Total new and used vehicle sales1,993.0 482.6 46.8 2,522.4 
Parts and service sales (1)
296.3 56.5 7.9 360.6 
Finance, insurance and other, net (2)
115.1 10.6 1.4 127.0 
Total revenues$2,404.3 $549.6 $56.1 $3,010.0 
Three Months Ended March 31, 2020
U.S.U.K.BrazilTotal
New vehicle retail sales$988.4 $296.3 $57.5 $1,342.2 
Used vehicle retail sales570.3 188.8 19.9 779.0 
Used vehicle wholesale sales46.8 35.8 3.8 86.5 
Total new and used vehicle sales1,605.5 520.9 81.3 2,207.7 
Parts and service sales (1)
304.6 56.4 9.6 370.6 
Finance, insurance and other, net (2)
97.4 13.3 1.7 112.5 
Total revenues$2,007.6 $590.7 $92.5 $2,690.8 
(1) The Company has applied the optional exemption not to disclose revenues related to remaining performance obligations on its maintenance and repair services as the duration of these contracts is less than one year.
(2) Includes variable consideration recognized of $6.0 million and $4.0 million during the three months ended March 31, 2021 and 2020, respectively, relating to performance obligations satisfied in previous periods on the Company’s retrospective commission income contracts. Refer to Note 7. Receivables, Net and Contract Assets for additional information on the Company’s contract assets associated with revenues from the arrangement of financing and sale of service and insurance contracts.