Asbury Automotive sells 13 stores, accelerates tech rollout as it bets on long-term efficiency

Jaelyn Campbell - May 6, 2026

On the Dash: Asbury sold 13 stores in Q1, freeing capital and cutting exposure to underperforming brands DMS transition creates short-term inefficiency but sets up long-term operational gains Efficiency benefits...

Industry News Articles

Asbury CEO David Hult to shift to executive chairman in 2026

Jaelyn Campbell - December 8, 2025

On the Dash: Asbury CEO David Hult will become Executive Chairman; COO Dan Clara will take over as CEO in May 2026. Hult’s tenure produced a 273% increase in the...

Automotive News Articles

Asbury Automotive Group reported a dramatic rebound in second-quarter net income, rising 444% to $152.8 million compared to last year.

Asbury Q2 net income surges 444% as dealership sales and service profits grow

Jaelyn Campbell - July 29, 2025

Asbury Automotive Group reported a dramatic rebound in second-quarter net income, rising 444% to $152.8 million compared to the same period last year, when the company faced an 86% drop...

Headlines Articles

Asbury Automotive Group has finalized its acquisition of The Herb Chambers Companies, expanding Asbury’s presence into the Northeast.

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Jaelyn Campbell - July 22, 2025

Asbury Automotive Group, one of the top U.S. automotive retail companies, has finalized its acquisition of The Herb Chambers Companies, the 16th-largest privately-owned dealership group in the country. The $1.45...

Headlines Articles

Sheldon Sandler, CEO and founder of Bel Air Partners, shares how to maximize your dealership’s value to secure the best deal for a smooth exit

Maximize the value of your dealership for a smooth exit – Sheldon Sandler | Bel Air Partners

CBT News Editorial Team - March 5, 2025

In today's episode of Driving Solutions, Sheldon Sandler, CEO and founder of Bel Air Partners, shares valuable insights into the current state of mergers and acquisitions (M&A). Sandler, a seasoned...

Featured Driving Solutions

Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from HCC.

Asbury Automotive to acquire 33 dealerships from Herb Chambers Companies

Jaelyn Campbell - February 18, 2025

Asbury Automotive Group has reached a definitive agreement to acquire 33 dealerships and three collision centers from The Herb Chambers Companies (HCC), marking one of the largest transactions in U.S....

Articles Headlines

Automotive industry shifts and trends: New car prices fall, hybrid demand up, Asbury acquires Koons, EV sales grow, UAW actions.

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

CBT News - December 15, 2023

Earlier this week: New car prices saw a decline in November, with Tesla being the most affected. Hybrid vehicles are gaining momentum as manufacturers balance the shift to electric vehicles...

Daily Automotive News Articles

Park Place Dealerships awarded $100,000 to over a dozen non-profits throughout October as part of its 3rd annual Season of Giving initiative.

Park Place Dealerships donate $100,000 to 18 North Texas non-profits

Jaelyn Campbell - December 6, 2023

Park Place Dealerships awarded $100,000 to over a dozen non-profits throughout the month of October as part of its third annual Season of Giving initiative. The dealership's charitable arm, Park...

Headlines Articles

Weekly roundup: Asbury acquires Jim Koons dealerships, Toyota’s Tri-Gen power, Ford’s hybrid F-150 ambitions

CBT News - September 15, 2023

Earlier this week: Asbury Automotive Group expanded its reach with the landmark acquisition of Jim Koons Automotive, which included 29 car brands across 20 storefronts. In sustainable energy news, Toyota...

Headlines Articles

Bentley Atlanta GM Greg Mabry shares his journey through the auto retail industry

CBT News Editorial Team - June 21, 2022

The earnings potential drives many professionals to the auto retail industry, but that's not all the business has to offer. Today on Inside Automotive, we're pleased to welcome Greg Mabry,...

Management & Leadership Featured

Asbury Automotive Group

Asbury Automotive sells 13 stores, accelerates tech rollout as it bets on long-term efficiency

Asbury CEO David Hult to shift to executive chairman in 2026

Asbury Q2 net income surges 444% as dealership sales and service profits grow

Asbury Automotive completes $1.45B acquisition of Herb Chambers Companies

Maximize the value of your dealership for a smooth exit – Sheldon Sandler | Bel Air Partners

Asbury Automotive to acquire 33 dealerships from Herb Chambers Companies

Weekly roundup: New car prices fall, hybrid demand rises, Asbury acquisition, UAW labor disputes

Park Place Dealerships donate $100,000 to 18 North Texas non-profits

Weekly roundup: Asbury acquires Jim Koons dealerships, Toyota’s Tri-Gen power, Ford’s hybrid F-150 ambitions

Bentley Atlanta GM Greg Mabry shares his journey through the auto retail industry

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