Asbury Automotive Group, Inc.

ABG: Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 139 new vehicle stores, seven used vehicle stores, and 32 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 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, Plaza in Missouri, Nalley and Crown in the Southeastern U.S., and the Larry H. Miller brand in the Western U.S. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.