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Asbury Automotive Group acquires car dealership Stevinson Automotive

Dec. 07, 2021 8:54 AM ETAsbury Automotive Group, Inc. (ABG) StockBy: Preeti Singh, SA News Editor
  • Asbury Automotive Group (NYSE:ABG) has acquired U.S. car dealership Stevinson Automotive.
  • Stevinson holds an attractive mix of dealerships, with revenue comprised of 48% Toyota, 27% Lexus, 10% Porsche, 8% Chevrolet, 4% Hyundai, and 3% Jaguar.
  • The acquisition brings ~$715M in annualized

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