Asbury Automotive Group, Inc.

What brands does Asbury Automotive own?
Asbury owns dealership nameplates including Nalley, Coggin, Courtesy, Crown, Hare, Plaza, David McDavid, Larry H. Miller, Koons, and Herb Chambers, plus Total Care Auto and the Clicklane digital platform. It sells vehicles from 34 different automobile manufacturers through franchise agreements.

Is Asbury Automotive publicly traded?
Yes. Asbury Automotive Group trades on the New York Stock Exchange under ticker ABG and has been public since March 2002.

Who is the CEO of Asbury Automotive?
Dan Clara became President and Chief Executive Officer in May 2026, succeeding David Hult, who transitioned to Executive Chairman. Clara joined Asbury in 2002 and previously served as Chief Operating Officer.

What did Asbury pay for Herb Chambers?
Asbury completed the acquisition of The Herb Chambers Companies on July 21, 2025 for a net purchase price of $1.45 billion. The deal added 33 dealerships, 52 franchises, and three collision centers in Massachusetts and Rhode Island.

Where is Asbury Automotive headquartered?
Asbury is headquartered in the Atlanta, Georgia area. The company was formed in Atlanta in 1995 and maintains its corporate offices in the metro area.

What is Total Care Auto?
Total Care Auto, Powered by Asbury is the company's captive finance and insurance product provider. It sells vehicle service contracts, guaranteed asset protection, and prepaid maintenance through Asbury dealerships and completed its full network rollout in October 2026.

Asbury was formed in 1995 by Thomas F. Gibson, who assembled a group of regional dealerships under shared ownership as public capital began flowing into the auto retail sector. The founding portfolio included established nameplates such as Courtesy, Nalley, Coggin, McDavid, Plaza, Crown, and Hare. The company incorporated in Delaware and completed its initial public offering on the New York Stock Exchange in March 2002.

The 2000s brought steady acquisition-driven growth and a push into collision repair. Charles Oglesby led the company from 2007, steering it through the 2008-2009 auto industry collapse, when US light vehicle sales fell to their lowest levels in decades and several publicly traded dealer groups faced liquidity stress. Craig Monaghan became CEO in 2014 and continued portfolio reshaping through disciplined buying and selling of stores.

David Hult took over as President and CEO in 2018 and ran the most acquisitive period in company history. In December 2020, Asbury launched Clicklane, an online used-vehicle buying platform, as digital retailing accelerated during the pandemic. In 2021, the company completed its largest transaction to date, acquiring Larry H. Miller Dealerships in a roughly $3.2 billion deal that added dozens of stores across the Mountain West. In 2023, Asbury acquired the Jim Koons Automotive Companies in the Washington, D.C. market for approximately $1.2 billion.

The defining deal of the current era closed on July 21, 2025, when Asbury completed its purchase of The Herb Chambers Companies for a net purchase price of $1.45 billion. The transaction brought 33 dealerships, 52 new-vehicle franchises, and three collision centers in Massachusetts and Rhode Island, giving Asbury its first retail presence in the Northeast. Herb Chambers generated $3.2 billion of revenue in 2024 and sold roughly 50,000 new and used vehicles that year. Stephens, the investment bank involved in the sale, described it as the third-largest transaction in auto dealership industry history.

Alongside acquisitions, Asbury spent 2025 and 2026 executing two large internal programs: a company-wide conversion of its dealerships to the Tekion cloud-based dealer management system, completed in October 2026, and the rollout of Total Care Auto, Powered by Asbury, its proprietary F&I product provider. The company also divested a set of dealerships during 2026, trimming its footprint from 223 franchises at year-end 2025 to 197 franchises by September 30, 2026.

Leadership transitioned in May 2026, when Chief Operating Officer Dan Clara succeeded David Hult as President and CEO following the company's annual meeting. Hult moved into the role of Executive Chairman. Clara, an Asbury employee since 2002, had served as COO since February 2025.

As a retailer rather than a manufacturer, Asbury's direct environmental footprint is limited to dealership facilities, collision shops, and logistics. The company has invested in LED retrofits, solar installations at select stores, and EV charging infrastructure across its network. It publishes an annual corporate responsibility report covering workforce and governance metrics.

Asbury's workforce practices emphasize technician training programs and tuition support, an industry-wide response to the chronic shortage of service technicians. The company reports pay equity and diversity statistics in its annual disclosures.

• Fortune 500: Asbury is a recurring member of the Fortune 500 list of the largest US corporations.
• Automotive News Top 150: Consistently ranked among the largest US dealership groups by retail revenue.

Auto retail is heavily regulated, and Asbury operates under the standard exposure points for the sector: FTC rules on advertising and add-on product disclosure, CFPB scrutiny of dealer-arranged financing, and state franchise law compliance. In 2024, the FTC's proposed Combating Auto Retail Scams (CARS) rule, which would have tightened disclosure requirements on dealer fees and add-ons, was vacated by the Fifth Circuit in early 2025, though the agency's enforcement posture on dealer practices remains active.

Beyond industry-level matters, no major company-specific regulatory action against Asbury is on record as of November 2026.