Asbury Automotive

Asbury income, revenues up in Q4; vehicle margins down

11:20 am U.S. ET | Feb. 4, 2016

Asbury Automotive Group said net income soared to $41.1 million in the fourth quarter of 2015 as revenues rose 9.1 percent to $1.64 billion....
Read More »

Asbury's Q auto store tries brand recognition

12:01 am U.S. ET | Oct. 26, 2015

Asbury launched Q auto in mid-2014 to go after used-car sales in a more targeted way. The stores aren't profitable yet, but Asbury executives say they're happy so far. They'll next test whether adding one of Asbury's known regional brand names to the concept will make a difference in store performance....
Read More »

Asbury Q3 net income jumps 57% on store divestitures

11:40 am U.S. ET | Oct. 21, 2015

Net income at Asbury Automotive Group Inc. jumped 57 percent to $51.1 million in the third quarter, boosted largely by a gain on divestitures. Asbury CEO Craig Monaghan described the quarter as “another record.”...
Read More »

Public retailers pump up service capacity

12:01 am U.S. ET | Sept. 7, 2015

Public dealership groups are hiring service techs, adding service hours and making upgrades to boost customer-pay revenues and still meet demands for warranty repairs....
Read More »

Asbury takes tech shortage into own hands

12:01 am U.S. ET | July 6, 2015

Asbury Automotive wants 200 to 400 more technicians, so it is developing its own. Master technicians who otherwise would have retired are training new technicians at a vacated store in Atlanta....
Read More »

Public dealerships plan for growth

12:01 am U.S. ET | April 27, 2015

AutoNation, Sonic, Asbury and Lithia gave updates on their new projects as they reported generally robust first-quarter earnings. Here's what they said....
Read More »

Asbury's first quarter net income rises 14%

9:06 am U.S. ET | April 21, 2015

Asbury Automotive Group's net income jumped 14 percent in the first quarter of 2015 from the year-earlier period, to $35.9 million, as all parts of its business experienced profit gains....
Read More »

Asbury plans to hire 200-400 technicians

11:04 am U.S. ET | March 16, 2015

Asbury Automotive Group says it will hire between 200 and 400 technicians during the next one to two years in a bid to meet potential growth opportunities in its parts-and-service business....
Read More »

Automotive News Cover
News by Brand