Asbury Automotive Group, Inc. ABG

ABG Company Overview

Asbury Automotive Group, Inc. (NYSE: ABG) is a U.S.-based automotive retail and service company that operates franchised automotive dealerships, collision repair centers, and related digital retail platforms. The company primarily operates in the automotive retail industry, generating revenue through the sale of new and used vehicles, finance and insurance (F&I) products, vehicle maintenance and repair services, and parts distribution. Asbury represents a broad range of automotive brands, including luxury, import, and domestic manufacturers, and serves both individual consumers and commercial fleet customers across multiple U.S. markets.

The company’s core business lines include dealership operations, aftermarket products, financing and insurance services, and its omnichannel retail platform, Clicklane. A significant portion of profitability historically comes from high-margin service, parts, and F&I operations rather than vehicle sales alone. Asbury was founded in 1995 and became publicly traded in 2002. Over time, it expanded through acquisitions and consolidation of dealership groups, including the major acquisition of Larry H. Miller Dealerships in 2021, which materially increased its geographic reach and scale. The company has positioned itself as a large-scale automotive retailer focused on operational efficiency, digital retail integration, and diversified revenue streams across cyclical and recurring automotive services.