Asbury Automotive Group Inc

Asbury Automotive Group, Inc. (NYSE: ABG) is one of the largest automotive retailers in the U.S. As of September 30, 2026, it operated 155 new vehicle dealerships, consisting of 197 franchises that represent 34 domestic and foreign vehicle brands, plus 37 collision repair centers. The company sells new and used vehicles. It provides parts and service, including repair, maintenance, replacement parts and collision repair. It also offers finance and insurance products, arranging third-party vehicle financing and selling aftermarket products such as extended service contracts, GAP debt cancellation and prepaid maintenance. Asbury reports two segments: Dealerships and Total Care Auto, Powered by Asbury (TCA), a provider of service contracts and vehicle protection products that was rolled out across all Asbury stores in October 2026. New vehicle revenue is weighted toward imports (42%) and luxury (32%), with Toyota (21%), Ford (13%) and Lexus (11%) the largest brands in the third quarter of 2026. In 2026 the company completed a company-wide migration to the Tekion dealer management system. Its strategy is organized around Five Pillars: increasing new vehicle market share, driving profitable growth in used vehicles, re-establishing consistent growth in customer pay gross profit, managing SG&A and leveraging technology. Portfolio actions have included the acquisition of the Herb Chambers Automotive Group and ongoing dealership divestitures. Updated Oct 28, 2026