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...
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...
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...
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...
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....
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...
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...
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...
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,...
Last summer’s civil unrest across the nation sparked outrage as well as change for many. Companies, like Asbury Automotive Group, started to examine and increase their diversity and inclusion efforts....