Asbury hires CFO with experience in diverse industriesMay 5
Asbury's Q1 net rises 9.7% on F&I, parts and service gainsApril 27
Asbury Q4 income rises on a 2% revenue gainFeb. 7
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 companyJan. 26
FTC settles charges with used-car dealerships over recall disclosuresDec. 16, 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.
First Shift: GM takes case to Supreme CourtDec. 14, 2016
Soros-backed McLarty group buys Asbury dealershipsDec. 13, 2016
Atlanta store first to show Nissan's vision of future service departmentNov. 21, 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 retailersOct. 31, 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 ArkansasOct. 25, 2016
Asbury Q3 net drops 37 percent on lower salesOct. 25, 2016
The public dealerships are buying -- and sellingAug. 22, 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.