Welcome to our dedicated page for Asbury Automotive Group news (Ticker: ABG), a resource for investors and traders seeking the latest updates and insights on Asbury Automotive Group stock.
Asbury Automotive Group reports developments as a U.S. automotive retail and service company operating automobile dealerships and collision centers across 14 states. Company news commonly covers new- and used-vehicle sales, parts and service, finance and insurance products, quarterly operating results, and digital retail initiatives such as Clicklane and the Tekion dealer management system.
Updates also track portfolio management through dealership acquisitions and divestitures, capital allocation through share repurchase authorizations and leverage metrics, and governance changes including executive and board transitions. Asbury’s releases frequently frame performance around store mix, luxury and import brands, Total Care Auto products, liquidity, and dealership support operations.
Asbury Automotive Group (NYSE:ABG) sold six Plaza Motors luxury dealerships and a collision center in St. Louis to MileOne Autogroup; the transaction and related real estate closed on Feb. 23, 2026. MileOne will retain the Plaza name. Asbury said the sale is part of portfolio management after its 2025 acquisition of 33 dealerships.
The Presidio Group advised Asbury and provided M&A services; legal counsel for both parties and real estate counsel for Asbury were named.
Park Place Dealerships (NYSE: ABG) broke ground on a new Porsche dealership and an expanded Volvo store on Lemmon Avenue in Dallas.
Park Place purchased 15 acres in December 2024, plans a state-of-the-art Porsche dealership to be completed in 2027, and will add a Volvo service facility and renovated sales showroom expected in early 2027.
Matt Bowers Automotive Group (ABG) completed acquisition of Bill Estes Chrysler Dodge Jeep Ram in Brownsburg, Indiana, from Asbury Automotive Group on February 2, 2026. The dealership will operate as Indy Chrysler Dodge Jeep Ram, marking Matt Bowers Automotive Group's first Indiana location, expansion into five states, and its third Chrysler Dodge Jeep Ram franchise.
Asbury Automotive Group (NYSE: ABG) reported record full-year 2025 revenue of $18.0 billion and transaction adjusted EBITDA of $1.1 billion. Fourth quarter 2025 revenue was $4.7 billion (+4%) with gross profit of $793 million (+6%).
Fourth quarter net income was $60 million ($3.10 per diluted share), down 53% year‑over‑year; adjusted net income was $129 million ($6.67 per diluted share). The company repurchased ~$100 million of shares during 2025 and ended the year with $927 million total liquidity and a transaction adjusted net leverage ratio of 3.2x.
Asbury Automotive Group (NYSE: ABG) appointed Christopher DiSantis to its Board effective March 1, 2026, and named him to the Audit Committee and the Compensation & Human Resources Committee.
The Board will total 11 directors, 10 independent. Long-time director Philip Maritz will not stand for re-election and will depart at the 2026 Annual Meeting. Asbury reported it operated 171 dealerships and reached $18 billion in revenue through Mr. Maritz’s tenure.
Asbury Automotive Group (NYSE: ABG) will release its fourth quarter 2025 financial results before market open on Thursday, February 5, 2026. The company will hold a conference call at 9:00 a.m. Eastern Time the same day, with a live simulcast and live audio available to the public via the investor website. A replay will be posted on the site for 30 days. Dial-in access is provided for domestic and international participants with a passcode for entry.
Asbury Automotive Group (NYSE: ABG) was named one of America’s Most Successful Small-Cap Companies for 2026 by Forbes on January 13, 2026. The recognition covers companies with market values between $300M and $5B, positive sales growth over the prior 12 months, and a share price of at least $5, using FactSet data through October 31, 2025. Forbes ranked the top 100 by earnings growth, sales growth, return on equity and total stock return over five years, with extra weight on the most recent 12 months. Asbury highlighted strategic acquisitions, ongoing investments in its team, and a focus on becoming the most guest-centric automotive retailer.
Asbury Automotive Group (NYSE: ABG) announced a leadership succession effective after its 2026 Annual Meeting expected in May. David Hult will transition from president and CEO to Executive Chairman after an eight-year tenure. Dan Clara, currently COO, will succeed Hult as president and CEO and is expected to be nominated to the board. Bridget Ryan-Berman is expected to be named Lead Independent Director and Tom Reddin’s extended term will expire while he is expected to remain on the board. The company cited strong performance under Hult, including a 273% stock-price increase during his tenure. Additional board details will appear in the company’s proxy statement.
Asbury Automotive Group (NYSE: ABG) announced a major renovation of Park Place Motorcars Fort Worth to enhance the luxury dealership experience. The project adds a new showroom, expanded service facilities, more service bays, a larger parts department, and a reimagined client lounge called The Living Room featuring a self-service coffee bar and Mercedes‑Benz Evolution Design elements.
The dealership will remain operational during construction, with sales temporarily located within a mile adjacent to Park Place Bodywerks, and the renovation is expected to be completed in mid-2026.
Asbury Automotive Group (NYSE: ABG) sold its Larry H. Miller CDJR Riverdale dealership in Ogden, Utah to Young Automotive Group, announced October 28, 2025. Kerrigan Advisors represented Asbury in the transaction, marking Kerrigan’s 145th transaction in the region and bringing total proceeds raised for dealership clients to nearly $10 billion since 2014.
The release highlights Utah and Ogden market strength: Utah vehicle sales +29% since 2020, average dealership revenue +17% vs NADA, projected population growth of nearly 1 million over 15 years, and Ogden GDP growth >40% over five years.