Asbury Automotive Group Inc logo

Asbury Automotive Group Inc

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NYSE:ABG (USA)   Ordinary Shares
$ 217.12 -4.42 (-2%) 10:08 PM EST
7.59
P/B:
1.36
Volume:
321.05K
Avg Vol (2M):
171.18K
Also Trade In:
Volume:
321.05K
Avg Vol (2M):
171.18K

Business Description

Asbury Automotive Group Inc logo
Asbury Automotive Group Inc
NAICS : 441110 SIC : 5511
ISIN : US0434361046

Share Class Description:

ABG: Ordinary Shares
Description
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 158 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 16 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $14.8 billion of revenue in 2023 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime between 2025 and 2030.