Asbury For Sale?
Posted in the Asbury Automotive Group Forum
#1 Feb 17, 2006
Rumor has it that Asbury Automotive is For Sale. Why would a relatively new Dealer consolidator want to sell out already? And who would the prospective buyer be?
#2 Apr 26, 2006
It's not Asburys call. They're owned by Ripplewood and they want to sell. Since the brand of manufacturers(Toyota,Honda,For d,Dodge, etc..) don't want to be leveraged by any single entity owning too many of thier retail stores; Asbury is probably going to sell to an independent owner.
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