Asbury Automotive quarterly profit rises

Newswire

DETROIT, July 29 (Reuters) - Auto dealer Asbury Automotive Group, Inc. on Thursday said its quarterly profit rose, buoyed by higher new car sales. Second-quarter net income climbed to $14.7 million, or 45 cents per share, up from $12.3 million, or 38 cents per share, in the quarter a year ago.

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