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market with its purchase of Hare
Automotive and the Bill Estes Automotive Group in 2017 and 2019, respectively. It would also make several single-point purchases to expand its reach across the area, including Terry Lee Honda in Avon, Ind. (renamed Hare Honda) in 2018 and Kahlo Chrysler Dodge Jeep Ram
350:
Dealerships for $ 3.2 billion, along with its Total Care Auto (TCA) vehicle protection plan business. The company divested 7 Toyota and Lexus dealerships due to manufacturer guidelines. Asbury announced plans to roll out TCA to its non-Larry H. Miller "legacy" stores, while in a similar fashion
342:
In
December 2020, Asbury unveiled Clicklane, an online new and used vehicle retailing platform. The company rolled out the platform across its existing dealership base while announcing intents to utilize the brand in markets in which it did not currently own stores.
1109:
950:
289:-based dealer Jim Nalley before acquiring his 11 dealerships outright in 1997. Nalley oversaw the stores until his retirement in 2004; his sons currently own dealerships across Alabama, Georgia, and Tennessee.
339:/Fort Worth area, for $ 1 billion. On March 24, 2020, the deal was canceled amid concerns due to the COVID-19 pandemic. However, a modified deal was reached on July 6 of that year which closed on August 24.
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With 148 dealerships and 198 franchises representing 31 American, European, and Asian brands, it is the third largest automotive retailer in the United States as of March 2022.
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Phoenix, Arizona; Tucson, Arizona; Southern
California; Denver, Colorado; Boise, Idaho; Albuquerque, New Mexico; Salt Lake City, Utah; Spokane, Washington
922:"Asbury Automotive Group Announces Acquisition of Park Place Dealerships and Provides Update on Recent Performance | Asbury Automotive Group, Inc"
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951:"Asbury Automotive Group Launches Clicklane-- The First-Ever End-To-End Car-Buying Solution-- And Unveils Its Five-Year Strategic Vision"
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Throughout the latter portion of the 2010s and early 2020s, under CEO David Hult, Asbury expanded rapidly, moving into the
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304:-based Crown Automotive Group in 1999 saw Asbury eventually take full ownership of those dealerships, while moving into
145:
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with its outright purchase of the
Greenville Automotive Group in 2010. It would also purchase dealerships across
361:
In
September 2023, Asbury Automotive acquired Jim Koons automotive dealership group for about $ 1.2 billion.
292:
Eventually, Asbury would expand out of the
Atlanta area, adding St. Louis-based Plaza Motors while acquiring
549:
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300:.-based Coggin Automotive and Tampa, Fla.-based Courtesy Automotive in 1998. A joint venture with the
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Atlanta, Georgia (Alpharetta, Cumming, Decatur, Lithonia, Marietta, Roswell, Smyrna, Union City)
51:
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http://www.indystar.com/story/news/2017/01/31/hares-exit-car-business-after-170-years/97009768/
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in various parts of the United States. Founded in 1995, it was ranked No. 360 on the 2022
8:
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898:"Citing Pandemic Slowdown, Asbury Automotive Chain Nixes $ 1 Billion Acquisition"
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335:-based Park Place Dealerships, a collection of luxury vehicle dealerships in the
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Asbury
Automotive was formed in 1995 by Tom Gibson, a former vice president with
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936:"Asbury Automotive Group Completes the Acquisition of Park Place Dealerships"
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791:"Asbury Automotive Group Announces 2019 First Quarter Financial Results"
776:"UPDATE: Georgia firm buying Bill Estes' four Indianapolis dealerships"
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integrating the
Clicklane platform to the Larry H. Miller dealerships.
285:. One of the company's original moves was to form a joint venture with
165:
59:
1090:
872:"Asbury to buy luxury dealerships from Park Place in $ 1 billion deal"
407:
Jacksonville, Orlando, Deland, Port St. Lucie, St. Augustine, Florida
55:
662:"Asbury Automotive Group History: Founding, Timeline, and Milestones"
354:
In
December 2021, Asbury acquired Stevinson Automotive Group in the
309:
837:"Asbury Acquisition Highlights Growing Trend of Move into Midwest"
286:
259:
1038:"Asbury Automotive to Acquire Jim Koons for About $ 1.2 Billion"
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https://asburyautomotivegroupinc.gcs-web.com/node/19451/html
697:"History of Asbury Automotive Group Inc. – FundingUniverse"
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998:"Car dealership group with ABQ locations sold for $ 3.2B"
537:
Denver, Colorado (Aurora, Lakewood, Littleton, Longmont)
606:
1024:"Asbury sells 7 stores to fit Lexus, Toyota cap rules"
583:
346:On Sept. 29, 2021, Asbury purchased the Utah-based
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417:Tampa Bay, Florida (Brandon, Palm Harbor, Tampa)
320:before later divesting to focus on core markets.
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1125:Companies listed on the New York Stock Exchange
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562:
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717:Garrison, Trey; Hensell, Lesley (1997-06-01).
1110:Asbury Automotive Group SEC Filings Feb. 2016
1105:Asbury Automotive Group SEC Filings Feb. 2015
683:"Dad prepared sons to open their own stores"
527:St. Louis, Missouri (Creve Coeur, O'Fallon)
397:Indianapolis, Indiana (Brownsburg, Lebanon)
1066:Business data for Asbury Automotive Group:
735:
577:Asbury Automotive Group Feb. 2021 SEC 10-K
25:
858:"Asbury adds Stellantis store in Indiana"
995:
331:In December 2019, Asbury agreed to buy
1117:
638:"Asbury Automotive Annual Report 2021"
1140:Auto dealerships of the United States
497:Denver, Colorado (Greeley, Thornton)
1130:Retail companies established in 1995
467:Indianapolis, Indiana (Noblesville)
457:Indianapolis, Indiana (Noblesville)
296:'s Texas dealerships, and later the
996:Rosales, Glen (29 September 2021).
746:"Asbury Automotive buys Greenville"
13:
1135:Companies based in Duluth, Georgia
14:
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483:Mike Shaw Chrysler Jeep Dodge Ram
437:Dallas/Fort Worth, Austin, Texas
731:from the original on 2015-05-19.
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949:Inc, Asbury Automotive Group.
839:. The Banks Report. 2018-01-09
789:Inc, Asbury Automotive Group.
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387:Denver, Colorado (Centennial)
328:in Noblesville, Ind. in 2019.
1:
719:"McDavid selling auto empire"
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550:List of S&P 600 companies
463:Kahlo Chrysler Jeep Dodge Ram
1101:(official corporate website)
1004:. Journal Publishing Company
364:
113:Dan Clara, SVP of Operations
7:
762:Purchase of Hare Chevrolet
591:"Asbury Annual Report 2021"
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487:Denver, Colorado (Greeley)
473:Larry H. Miller Dealerships
447:Greenville, South Carolina
82:; 29 years ago
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16:Car dealership corporation
614:"Asbury Automotive Group"
517:Dallas/Fort Worth, Texas
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664:. Zippia.com. 2021-12-14
1099:Asbury Automotive Group
252:Asbury Automotive Group
20:Asbury Automotive Group
513:Park Place Dealerships
699:. Fundinguniverse.com
443:Greenville Automotive
393:Bill Estes Auto Group
298:Jacksonville, Florida
123:New and used vehicles
533:Stevinson Automotive
196:US$ 8,002.6 billion
1002:Albuquerque Journal
427:Richmond, Virginia
413:Courtesy Automotive
370:
225:Number of employees
21:
981:has generic name (
971:cite press release
955:www.prnewswire.com
860:. 20 October 2021.
821:has generic name (
811:cite press release
795:www.prnewswire.com
778:. 6 February 2019.
752:. 2 December 2010.
685:. 7 February 2013.
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229:14,200 (2021)
216:US$ 314.5 million
176:US$ 532.4 million
156:US$ 791.8 million
115:Michael Welch, CFO
19:
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503:Nalley Automotive
403:Coggin Automotive
377:Locations served
283:Subaru of America
258:company based in
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111:David W Hult, CEO
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1026:. 22 April 2022.
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896:Henry, Jim.
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523:Plaza Motors
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186:Total assets
95:Headquarters
34:Company type
1086:SEC filings
979:|last=
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314:Mississippi
241:.asburyauto
60:S&P 600
1119:Categories
1047:2023-09-08
1042:usnews.com
961:13 October
907:2020-03-28
882:2020-03-28
843:2022-05-08
801:13 October
703:2022-05-08
668:2022-05-08
646:13 October
623:2022-05-06
599:2022-05-06
556:References
166:Net income
107:Key people
1071:Bloomberg
365:Divisions
62:component
46:Traded as
729:Archived
544:See also
310:Arkansas
256:American
120:Products
67:Industry
1081:Reuters
618:Fortune
287:Atlanta
277:History
260:Atlanta
234:Website
128:Revenue
85: (
77:Founded
54::
1091:Yahoo!
1076:Google
902:Forbes
358:area.
337:Dallas
318:Oregon
316:, and
254:is an
218:(2021)
198:(2021)
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101:, U.S.
38:Public
641:(PDF)
594:(PDF)
374:Name
333:Texas
1010:2021
983:help
963:2023
823:help
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648:2023
243:.com
87:1995
80:1995
52:NYSE
239:www
56:ABG
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