Park Place Motorcars Fort Worth Undergoes Major Renovation to Enhance Client Experience

FORT WORTH, TEXAS--(BUSINESS WIRE)-- Park Place Motorcars Fort Worth, a part of Asbury Automotive Group, Inc. (NYSE: ABG), has begun a major renovation aimed at enhancing the dealership experience. Known for delivering exceptional service and a personalized approach, Park Place plans to add a sleek new showroom, updated service facilities, and a reimagined client lounge — all designed with comfort, technology, and hospitality in mind for our guests.

“This renovation is more than updating our space — it’s about reaffirming our commitment to Fort Worth as a community partner,” said George Johnson, General Manager of Park Place Motorcars Fort Worth. “Our new design not only meets the needs of today’s luxury car guests but also anticipates the expectations of tomorrow. We expect to continue to serve our guests throughout construction and look forward to opening the new space next year.”

The renovation is expected to be completed in mid-2026, and the dealership will remain fully operational with service onsite, and sales located within a mile adjacent to Park Place Bodywerks on Bryant Irvin Road.

The Park Place Motorcars renovation will add more service bays and expand the parts department to accommodate the growth of Mercedes-Benz clients in Fort Worth. At the heart of the updated dealership will be The Living Room, a thoughtfully designed client lounge that will offer comfortable seating, a self-service coffee bar, and space for relaxed conversations between clients and their sales or service advisors. The client lounge and showrooms will feature the Mercedes-Benz Evolution Design, including contemporary architecture and striking glass facades.

“Our goal is to create an environment that reflects the energy, professionalism, and excellence our guests anticipate and our members bring to work every day,” said Matt Woolsey, Area Vice President, Park Place Dealerships. “This renovation sets the tone for where we're headed — higher performance, an elevated client experience, and even greater pride in how we take care of our guests and our community.”

About Park Place Dealerships

Park Place Dealerships was founded in 1987 and employs more than 1,400 members. Park Place Dealership operates three collision centers, an auto auction, and nine full-service dealerships representing luxury brands including Lexus, Mercedes-Benz, Porsche, Volvo, Land Rover, Acura, and Sprinter Vans. Asbury Automotive Group, Inc. acquired Park Place Dealerships in August 2020. For more information, visit parkplace.com.

About Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Sandy Springs, GA, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increase revenue and profitability strategically through organic operations, acquisitive growth and innovative technologies, with its guest-centric approach as Asbury’s constant North Star. As of September 30, 2025, Asbury operated 175 new vehicle dealerships, consisting of 230 franchises and representing 36 domestic and foreign brands of vehicles. Asbury also operates Total Care Auto, Powered by Landcar, a leading provider of service contracts and other vehicle protection products, and 39 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance. Asbury is recognized as one of America’s Fastest Growing Companies 2024 by the Financial Times and the Company is listed in World’s Most Trustworthy Companies 2025 by Newsweek.

For additional information, visit www.asburyauto.com

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact, and may include statements relating to goals, plans, objectives, beliefs, expectations and assumptions regarding the successful completion of the major renovations, the services offered and continued operations throughout construction, and the expected benefits of the enhancements.

The following are some but not all of the factors that could cause actual results or events to differ materially from those anticipated, including: risks related to construction delays; our failure to realize the benefits expected from the renovations and anticipate our guest’s expectations of tomorrow; disruption of ongoing business operations due to the construction activities; and other risks described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 26, 2025 and subsequent filings.

These forward-looking statements and such risks, uncertainties and other factors speak only as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251103840324/en/

Media Contact:

Morgan Irwin

Head of Corporate Communications, Asbury Automotive Group

mirwin@asburyauto.com

Source: Asbury Automotive Group, Inc.