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Bentley Atlanta

Bentley Atlanta GM Greg Mabry shares his journey through the auto...

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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,...
Milstein

Asbury Auto’s Jed Milstein and Dan Clara discuss new diversity and...

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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. The Group, alongside a consulting firm, created Asbury’s Diversity and Inclusion Initiative. On today’s show, we’re pleased to welcome Jed Milstein, Chief Human Resources Officer at […]
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Asbury Automotive Group to acquire Larry H. Miller Dealerships in $3.2B...

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DULUTH, G.A., Sept. 29, 2021— Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., entered into a definitive...

Asbury CEO David Hult and George Karolis of The Presidio Group...

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Mergers and acquisitions in retail automotive reached astounding levels in 2020, and the market shows no signs of slowing down. One of the biggest acquisitions in recent memory, was by Asbury Automotive Group which acquired several luxury Park Place dealerships. This deal added 12 franchises and a reported 1.7 billion dollars in annual revenue for […]
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Gubagoo

How Gubagoo’s partnership with Asbury aims to bridge the divide between...

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Recently Asbury Automotive Group made headlines as they unveiled their new online retail tool, Clicklane, powered by Gubagoo. On today’s show, we’re pleased to welcome the Chief Operating Officer of Gubagoo, Ryan Osten, to discuss what this development means for Asbury and the industry as a whole. In order to meet the growing demand for […]
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Asbury

End-to-end digital retailing challenges solved by Asbury Automotive Group

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On Wednesday, Asbury Automotive Group announced the launch of their new end-to-end digital retailing solution, Clicklane. The news release calls Clicklane the evolution of their PushStart tool, creating a shopping experience that spans all the gaps preventing a completely online retail possibility for some buyers. Most digital retailing solutions have been found wanting as trade-in […]
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dealership

CBT Automotive Newscast: August 28, 2020

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Today’s Featured Interview: Jenell Ross on Creating More Opportunities for African-Americans in the Retail Auto Industry In the midst of racial injustice and surfacing throughout the United States, businesses are turning their focus toward diversity and inclusion. Several retail automotive groups are taking a stand and amplifying their voices to spark change. Jenell Ross, President […]
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Done Deal: Asbury Automotive Acquires Park Place Dealerships

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After delaying the deal earlier this year, Asbury Automotive Group has completed its acquisition of Park Place Dealerships. The auto retailer announced that the move adds approximately $1.7 billion in annual revenue. The company announced the completion of the deal in a press release Monday evening.  “Park Place remains one of the best operators of […]
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Asbury Automotive

Asbury Automotive Calls Off $1B Acquisition of Park Place Dealerships Over...

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In an SEC filing made yesterday on March 25th, Atlanta-based Asbury Automotive Group terminated its $1 billion purchase agreement of 14 luxury Park Place Dealerships which represent brands like Mercedes-Benz, Porsche, and Maserati to name a few. The sale, which was originally planned to be finalized at the end of March, was reportedly called off […]
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