Asbury Automotive Group, Inc.: Continued Focus on Preowned Car Sourcing and Sales! 

Asbury Automotive Group’s first quarter earnings report for 2024 exhibits a mix of positive and negative highlights, underpinned by a resilient performance amidst several challenges. The company achieved a milestone by reporting $4.2 billion in revenue, which demonstrates the strength and resilient performance of their team. One of the key strengths was the company’s used unit volume, which increased by over 9% (2,700 units) versus the fourth quarter of 2023. The company also registered robust performance in new vehicle units, although they were flat year on year.