Asbury Automotive Sells Dealerships to Focus on Long-Term Growth
In response to slowing new-vehicle demand, Asbury Automotive Group sold off ten dealerships across Missouri, South Carolina, and Indiana in Q1 2026. The company also terminated three underperforming franchises in Massachusetts and Rhode Island, including its only Alfa Romeo and Maserati locations. These moves aim to improve efficiency and profitability despite short-term revenue declines.
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Topics: Automotive Dealerships Restructuring