Asbury Automotive Group
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 152 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $17.2 billion of revenue in 2024 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime around 2030.www.asburyauto.com
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Aug 28, 2026
Kellen WalkerHOST
McDonald's exit follows years of turbulence at CDK, including a 2024 cyber attack that knocked its system offline for two weeks.
Kellen WalkerHOST
That attack cost the company major customers, including Lithia Motors and Asbury Automotive Group, plus a $630 million antitrust settlement.
Kellen WalkerHOST
Ramakrishna also joined CDK's board of directors.
Kellen WalkerHOST
And those are today's headlines.