ASBURY AUTOMOTIVE GROUP INC

Asbury Automotive Group, Inc. (NYSE: ABG) operates as one of the largest franchised automotive retailers in the United States. The company's website is located at http://www.asburyauto.com. As of December 31, 2025, Asbury owns and operates 223 new vehicle franchises representing 36 automobile brands across 171 dealership locations, along with 39 collision centers and Total Care Auto, Powered by Asbury, a finance and insurance product provider. The company maintains operations in 15 states including Arizona, Colorado, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Missouri, New Mexico, Rhode Island, South Carolina, Texas, Utah, and Virginia.

Asbury operates through two reportable segments: Dealerships and TCA. The Dealerships segment generates revenue from new vehicle sales, used vehicle sales, parts and service operations, and finance and insurance products. The TCA segment provides extended vehicle service contracts, prepaid maintenance, guaranteed asset protection, and other vehicle protection products. For the year ended December 31, 2025, new vehicle sales represented 32 percent of new vehicle revenues from luxury brands, 40 percent from import brands, and 28 percent from domestic brands, with Mercedes-Benz, Lexus, and Toyota representing significant portions of the portfolio.

The company employs approximately 15,000 full-time and part-time employees across its operations. Asbury's business model emphasizes an omni-channel platform designed to engage customers throughout the vehicle ownership lifecycle, combining digital innovation with physical dealership networks. The company maintains locally branded dealership groups including Coggin Automotive Group, Courtesy Autogroup, Crown Automotive Company, and others operating under established regional brand names.

Asbury's competitive advantages include geographic diversity across 15 states, a diversified brand portfolio spanning luxury, import, and domestic manufacturers, scale in back-office operations and vendor relationships, and integrated finance and insurance capabilities through TCA. The company completed the acquisition of substantially all assets of The Herb Chambers Companies in July 2025, adding 33 dealerships and 52 franchises, and previously acquired Jim Koons Automotive Companies in December 2023. Asbury maintains a disciplined approach to capital allocation while pursuing strategic acquisitions and divestitures to refine its dealership portfolio.