Asbury Automotive Group Inc. last week bought its third dealership in Colorado and is believed to have made its first acquisition since buying eight luxury-brand Park Place Dealerships stores in Texas last August.
Asbury on Aug. 9 bought Greeley Subaru, northeast of Denver, from Warren Yoder. The dealership has been renamed Mike Shaw Subaru Greeley.
"Subaru is a highly desirable brand with a history of success in the market and nationwide," Asbury said in a statement to Automotive News. "This acquisition also strengthens our presence in the Colorado market."