Asbury Auto Profit Rises Due to Higher New- and Used-Car Sales


Feb 4 (Reuters) - U.S. auto dealer Asbury Automotive Group Inc posted an 18 percent rise in quarterly profit due to higher sales of both new and used vehicles. Net income rose to $26.9 million, or 87 cents per share, in the fourth quarter, from $22.8 million, or 73 cents per share, a year earlier. () Asbury earned 88 cents per share from continuing operations in the quarter ended Dec. 31. The company said new-vehicles sales rose 10 percent and used-vehicle sales 24 percent in the quarter.


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×