Asbury Automotive Group, Inc. (NYSE:ABG) is one of the largest automotive retailers in the United States. Headquartered in Duluth, Georgia, the company operates a network of franchised dealerships representing a diverse portfolio of automotive brands. Its core business activities include the sale of new and pre-owned vehicles, as well as the provision of vehicle finance, insurance and protection products to retail customers.
In addition to retail sales, Asbury offers a comprehensive suite of after-sales services, from scheduled maintenance and certified collision repair to parts distribution. The company has also invested in digital retailing through its Driveway platform, enabling customers to complete much of the purchasing process online, including vehicle selection, financing arrangements and home delivery options.
Since its incorporation in 1995 and initial public offering in 1998, Asbury has grown both organically and through strategic acquisitions. The business footprint spans roughly 15 U.S. states and was extended into the United Kingdom with the 2017 acquisition of Bristol Street Motors. Asbury’s expansion strategy emphasizes targeted dealership investments, operational integration and a consistent focus on customer satisfaction.
Under the leadership of President and Chief Executive Officer David Hult, Asbury Automotive Group is committed to enhancing the consumer buying experience, optimizing operational performance and delivering long-term value to shareholders through disciplined growth and technology-enabled solutions.
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