STAMFORD, Conn., Feb 27 (Reuters) - Auto dealer Asbury Automotive Group Inc. on Thursday said profit fell in the fourth quarter, hurt by lower retail sales of new and used vehicles and higher expenses. Income from continuing operations before taxes and minority interest was $10.2 million, compared with $12.9 million a year ago. Revenue fell 2 percent to $1.1 billion. Revenue at dealerships open at least one year, or same-store sales, declined 5.7 percent. Asbury, based in Stamford, ...
Premium Content (PAID Subscription Required)
"Asbury Auto profit down on lower vehicle sales" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642