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February 14, 2012

Asbury Records $5.2 Million Revenue Increase in 4Q 2011

Asbury Automotive Group Inc. reported adjusted income from continuing operations for the fourth quarter 2011 of $17 million, up from $12.2 million during fourth quarter 2010.

Tags: Asbury Automotive, dealer, revenue

October 18, 2011

Asbury Secures $900 Million Credit Facility

Asbury Automotive Group Inc. announced that it has entered into a $900 million credit facility that will provide up to $625 million for new-vehicle inventory floorplan financing and up to $100 million for used vehicle inventory floorplan financing.

Tags: Asbury Automotive, credit, FLOORPLAN FINANCING, new-vehicle financing, used-vehicle financing

July 7, 2011

Black Book Online Expands Partnership with Asbury Automotive Group

Black Book Online’s lead-generator tool will be featured on 52 of Asbury Automotive Group’s Websites. The module collects information such as the make and model a consumer is interested in, the value of the customer's trade-in and an estimate of the customer’s credit score.

Tags: Asbury Automotive, Black Book Online, lead generation

October 26, 2010

No C4C, No Problem, Dealers Report

Despite not having a sales boost from last year’s Cash for Clunkers, three of the largest dealer groups in the nation reported year-over-year increases in third-quarter revenues.

Tags: Asbury Automotive, Penske Automotive Group, Sonic Automotive, Vehicle Sales

March 1, 2010

Asbury’s 4Q 2009 Revenue Improves on Strength of New and Used Vehicles

Asbury Automotive Group Inc. reported income from continuing operations of $5 million for the fourth quarter 2009, compared to a loss from continuing operations of $352.4 million in the year-ago period.

Tags: Asbury Automotive, F&I revenue

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