Recent events
Recent events tied to this brand in public sources.
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2020
Asbury launches Clicklane online car-buying platform
Asbury Automotive Group announced the launch of Clicklane, an online car-buying and selling platform built with Gubagoo. Asbury said the platform had been implemented at several stores and that it planned to roll it out to all stores by the end of the first quarter of 2021.
2020
Asbury prices additional senior notes
Asbury Automotive Group announced that it had priced a private offering of additional senior notes, consisting of $125 million of 2028 notes and $125 million of 2030 notes. The offering was expected to close on September 16, subject to customary closing conditions.
2020
Asbury Automotive Group prices senior-note offering
Asbury Automotive Group priced a private offering of $525 million of 4.50% senior notes due 2028 and $600 million of 4.75% senior notes due 2030. The offering was expected to close on February 19, 2020, subject to customary closing conditions.
2019
Asbury agrees to acquire Park Place Dealerships
Asbury Automotive Group entered into a definitive agreement to acquire certain assets of Park Place Dealerships for $1 billion in an all-cash transaction, excluding vehicle inventory. The transaction was expected to close in the first quarter of 2020.
2019
Asbury Automotive Group reports third-quarter 2019 results
Asbury Automotive Group reported third-quarter 2019 net income of $45.0 million, or $2.33 per diluted share.
2019
Asbury completes acquisition of Mike Shaw Subaru
Asbury Automotive Group acquired Mike Shaw Subaru in Thornton, Colorado. The purchase closed on September 30, 2019; the dealership retained its name and all employees were retained.