Asbury Automotive Group, Inc. Acquires New Ford Store in Georgia

Dec 08, 2014, 16:30 ET from Asbury Automotive Group, Inc.

DULUTH, Ga., Dec. 8, 2014 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., is pleased to announce that it has acquired Sandy Springs Ford. The Ford dealership generates approximately $110 million in revenues annually. The dealership has been rebranded Nalley Ford Sandy Springs and brings the number of Asbury stores in Georgia to 16.

The newly acquired store is located at 7555 Roswell Rd in Sandy Springs, a northern suburb of Atlanta.  For 30 years, the Ford store has served customers from all over Georgia. In 2011, the Ford store won the President's Award for Superior Customer Service and Sales Excellence which is the highest honor from Ford.  Asbury Automotive is dedicated to continuing this tradition of excellence.

"The acquisition of this Ford store provides a great addition and diversity to our suite of stores in Georgia.  We're looking forward to carrying on the superior quality of service and sales the customers of Sandy Spring Ford have come to expect. We welcome these fine employees to the Asbury family and are excited about our future in Sandy Springs," said Craig Monaghan, President and CEO of Asbury Automotive Group.

About Asbury Automotive Group

Asbury Automotive Group, Inc. ("Asbury"), a Fortune 500 company headquartered in Georgia,  is one of the largest automotive retailers in the U.S. Asbury operates 82 dealerships, encompassing 103 franchises for the sale and servicing of 29 domestic and foreign brands of vehicles.  Asbury also operates 24 collision repair centers and three stand-alone used vehicle stores.  Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.

SOURCE Asbury Automotive Group, Inc.