Asbury Automotive Group
 | |
| Public | |
| Traded as | NYSE: ABG |
| Industry | auto dealership |
| Founded | 1995 |
| Revenue |
|
 $ 48.0 million (2011)[1] | |
|
$ 67.9 million (2011)[1] | |
| Total assets |
 $ 1.419 billion (2011)[1] |
| Total equity |
$ 326.6 million (2011)[1] |
Number of employees | 6,800 (Dec 2011)[1] |
| Website | www.asburyauto.com |
Asbury Automotive Group is a Fortune 500 company based in Atlanta and was founded in 1995. The company operates auto dealerships in various parts of the United States. In 2006, it ranked 364 out of 500 [2]
As of September 2012, it is one of the largest automobile retailers in the United States, operating 97 franchises (77 dealership locations) in 18 metropolitan markets within 10 states.[3] As of December 2011, its dealerships represent 30 American, European and Asian brands. In 2011, the company reported its revenues of approximately $4.3 billion and sold 71,449 new vehicles.[4]
Divisions
- David McDavid Auto Group is located throughout Texas and includes 7 retail locations. (In Dallas/Fort Worth, Irving, Frisco, Plano, Austin, and Houston areas).
- Crown Automotive Group comprises 16 dealerships in 9 cities in 5 states (Virginia, North Carolina, South Carolina, and New Jersey), and claims more than 1,450 employees.
- Courtesy Cars has 12 franchises for the sale and servicing of 12 brands in the Tampa, Florida area.
- Coggin Automotive Group operates 12 retail auto stores representing 17 franchises for the sale and servicing of 12 brands in the Jacksonville, Florida area.
- Gray Daniels Auto Family hosts 5 retail auto stores for the sale and service of 6 brands in Mississippi.
- Greenville Automotive Group operates 4 automotive retail stores for the sale and service of 7 brands in the Greenville, South Carolina area.
- Nalley Automotive Group includes 12 retail auto stores representing 13 franchises for the sale and servicing of 11 brands in the Atlanta area.
- North Point Automotive Group comprises 10 domestic and import franchises in the Little Rock Arkansas metro area.
- Plaza Motor Company, Luxury brands including Infiniti, BMW, Porsche, Audi, Land Rover, Jaguar, Lexus, and Mercedes in the St. Louis area.
- Q auto is Asbury's newest platform, providing sales, excellent customer service, and service for used cars. Its first location is in Brandon, FL. The second location will open in September 2014 in Jacksonville, FL.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Asbury Automotive Group, Form 10-K, Annual Report, Filing Date Feb 22, 2012" (PDF). secdatabase.com. Retrieved Jan 15, 2013.
- ↑ Asbury Automotive Group at CNNMoney.com
- ↑ "Asbury Automotive Group, Form 10-Q, Quarterly Report, Filing Date Oct 24, 2012". secdatabase.com. Retrieved Jan 15, 2013.
- ↑ "Asbury Automotive Group, Form 10-K, Annual Report, Filing Date Feb 22, 2012". secdatabase.com. Retrieved Jan 15, 2013.
External links
- Asbury Automotive Group (official site)
- Asbury Automotive Group SEC Filings