Asbury Q4 income rises on a 2% revenue gainTue, 07, Feb 2017
Asbury Automotive Group's fourth-quarter net income surged 63 percent to $67.1 million, as revenue rose 2 percent to $1.67 billion, the dealership group said Tuesday. Adjusted income from continuing operations for the fourth quarter rose 3.7 percent to $34 million.
Asbury CFO Style leaves for privately owned companyThu, 26, Jan 2017
FTC settles charges with used-car dealerships over recall disclosuresFri, 16, Dec 2016
Three of the nation's 20 largest used-car dealership groups agreed to settle charges that they failed to adequately disclose that some vehicles they sold had safety recalls and were not repaired, the Federal Trade Commission said today.
Soros-backed McLarty group buys Asbury dealershipsTue, 13, Dec 2016
Atlanta store first to show Nissan's vision of future service departmentMon, 21, Nov 2016
Nalley Nissan in metropolitan Atlanta was designed to be dramatic and colorful -- to dazzle customers from down the highway with a large lit-up glass tower outside, where new cars are stacked five high for display.
Hard choices for public retailersMon, 31, Oct 2016
Several public auto-retailer CEOs noted, in remarks following third-quarter earnings releases, the difficulty of balancing volume against profit amid sometimes unrealistic stair-step incentive targets set by automakers. Relief, a few said, may be coming in the form of production cuts which will reduce inventories.
Asbury plans to sell 4 stores in ArkansasTue, 25, Oct 2016
Asbury Q3 net drops 37 percent on lower salesTue, 25, Oct 2016
The public dealerships are buying -- and sellingMon, 22, Aug 2016
In the first half of 2016, the public dealership groups sold nearly as many dealerships as they acquired, according to "The Blue Sky Report," a quarterly publication by dealership buy-sell adviser Erin Kerrigan.