Asbury Automotive (ABG)

The company represents a wide range of automotive manufacturers, with luxury and import brands accounting for a large share of new-vehicle revenue. Asbury’s retail network includes well-known regional dealership brands such as Herb Chambers in the Northeast, McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and Larry H. Miller dealerships in the West. These local brands give the group a market identity beyond the Asbury corporate name while allowing it to benefit from centralized scale in inventory management, technology, purchasing, and back-office operations.

Asbury also earns revenue from higher-margin activities that accompany vehicle sales. These include finance and insurance placement, extended service contracts, protection products, maintenance plans, repair work, and collision services. Its Total Care Auto platform supports proprietary finance and insurance offerings. The company’s growth strategy combines acquisitions, digital retailing, dealership productivity improvements, and expansion in aftersales services. Asbury’s results are influenced by vehicle supply, consumer credit conditions, manufacturer incentives, used-car pricing, interest rates, and demand for maintenance and repair work across its customer base.