Press Releases

Date Title and Summary
Toggle Summary Asbury Automotive Announces Chief Legal Officer George Villasana to Retire
Chief Legal Officer George Villasana to retire after 12 years of service Long-term transition plan will ensure an orderly succession Company is conducting comprehensive Chief Legal Officer selection process DULUTH, Ga. --(BUSINESS WIRE)--Apr. 19, 2024-- Asbury Automotive Group, Inc.
Toggle Summary Asbury Automotive Announces Effectiveness of Registration Statement for Resale of Convertible Notes
NEW YORK, Sept. 7 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG) today announced that the Securities and Exchange Commission has declared effective its shelf registration statement on Form S-3 relating to the resale by the holders thereof, from time to time, of up to $115
Toggle Summary Asbury Automotive Announces Filing of Amended Shelf Registration Statement
NEW YORK, Aug. 30 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), today announced that it has filed an amendment to its shelf registration statement with the Securities and Exchange Commission for the resale by the holders thereof, from time to time, of up to $115 million
Toggle Summary Asbury Automotive Announces Filing of Shelf Registration Statement
NEW YORK, July 3 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG) today announced that it has filed a shelf registration statement with the Securities and Exchange Commission to register the resale by the holders thereof, from time to time, of up to $115 million aggregate
Toggle Summary Asbury Automotive Announces Offerings of Senior Subordinated Notes and Senior Subordinated Convertible Notes
NEW YORK, Mar. 12 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG) today announced its intention to raise, subject to market and other conditions, approximately $250 million through concurrent offerings of $150 million principal amount of Senior Subordinated Notes due 2017 and
Toggle Summary Asbury Automotive Announces Release Date of Fourth Quarter and 2003 Financial Results
STAMFORD, Conn., Feb. 6 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it plans to release financial results for the fourth quarter and full year ended December 31, 2003 prior to the
Toggle Summary Asbury Automotive Announces the Closing of New Notes and the Completion of the Tender Offer for Its Outstanding 9% Senior Subordinated Notes due 2012
NEW YORK, Mar. 26 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG) today announced it has completed the previously announced sale of $150 million principal amount of 7.625% Senior Subordinated Notes due 2017 (the "Senior Subordinated Notes") and $115 million principal amount of
Toggle Summary Asbury Automotive Authorizes Two Million Share Repurchase Program
NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and services companies in the U.S., today announced that its board of directors has authorized the repurchase of up to two million shares of the Company's common stock, to be
Toggle Summary Asbury Automotive Changes Release Date of Fourth Quarter and 2003 Financial Results
STAMFORD, Conn., Feb. 11 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it expects to release financial results for the fourth quarter and full year ended December 31, 2003 on a date
Toggle Summary Asbury Automotive Group Acquires 32 Properties, More than 25% of its Dealership Locations
NEW YORK, June 4 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that certain of its subsidiaries have closed on the acquisition of 32 real estate properties in Florida, North Carolina,
Toggle Summary Asbury Automotive Group Acquires California Nissan Dealership
NEW YORK, Dec. 3 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has acquired Rodeo Nissan in Clovis, California. Terms of the transaction were not disclosed.
Toggle Summary Asbury Automotive Group Acquires Its First-Ever Subaru Store in Colorado
DULUTH, Ga. , Oct. 14, 2019 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail companies in the U.S., has acquired Mike Shaw Subaru located in Thornton, Colorado . This will be the first dealership in Colorado as well as the first Subaru brand store for
Toggle Summary Asbury Automotive Group Acquires Mercedes-Benz Dealership in Sacramento, California
Company Also Expands in Arkansas STAMFORD, Conn., Feb. 25 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has acquired Mercedes-Benz of Sacramento from Von Housen Automotive Group.
Toggle Summary Asbury Automotive Group Acquires Nissan & Infiniti Dealerships in Atlanta
NEW YORK, June 11 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has acquired Troncalli Nissan and Troncalli Infiniti in Decatur, Georgia.
Toggle Summary Asbury Automotive Group Acquires Toyota/Scion Dealership in Roswell, Georgia
NEW YORK, March 4 /PRNewswire-FirstCall/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has acquired Toyota of Roswell (Georgia), which generates approximately $100 million in annual revenues from its
Toggle Summary Asbury Automotive Group Acquires Two Stores in Georgia Representing Approximately $60 Million in Annual Revenues
DULUTH, Ga. , Dec. 5, 2012 /PRNewswire/ --  Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that it has acquired a Volkswagen and a Bentley store in the Atlanta, Georgia market.
Toggle Summary Asbury Automotive Group Adds Approximately $5.7 Billion in Annualized Revenues with Transformational Acquisition of Larry H. Miller Dealerships and Total Care Auto, Powered by Landcar
Acquisition Represents: Eighth largest dealership group in the US 1 Over 60 stores in the attractive Western US representing 18 franchise brands with best-in-class operators Provider of service contracts and other vehicle protection products with EBITDA margins of 20%+ Well-respected group with the
Toggle Summary Asbury Automotive Group Adds Approximately $715 Million in Annualized Revenues with Acquisition of Stevinson Automotive
Eight dealerships in the attractive Denver, Colorado market representing six franchise brands, plus an additional franchise open point Well-respected group with an impressive share of leading brands in this desirable market Adds approximately $715 million in annualized revenue DULUTH, Ga.
Toggle Summary Asbury Automotive Group Agrees to Acquire Jim Koons Automotive Companies in the Largest Auto Retail Acquisition Since 2021
Sale of ninth largest private dealership group in the US includes 29 franchises, six collision centers, 20 dealerships in Virginia , Maryland and Delaware and one of the U.S.’ highest volume Toyota dealerships. DULUTH, Ga. --(BUSINESS WIRE)--Sep. 8, 2023-- Asbury Automotive Group, Inc.
Toggle Summary Asbury Automotive Group Announces $150 Million Private Placement of Senior Subordinated Notes
STAMFORD, Conn., Dec. 12 /PRNewswire-FirstCall/ -- Asbury Automotive Group (NYSE: ABG) announced today that it intends to raise $150 million of gross proceeds through a private placement of senior subordinated notes, subject to market and other conditions.