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Asbury Automotive Group history
Asbury Automotive Group company history timeline
Kendrick Becomes President and CEO in 1999
Corporate Structure Streamlined in 2000
Two dealerships in the Jackson, Mississippi, market, Gray-Daniels Ford and Metro Mazda-Hyundai-Suzuki-Isuzu, were added in the first half of 2001.
Kenneth B. Gilman, former chief operating officer at The Limited Inc., became Asbury's president and CEO in January 2002.
According to Automotive News, in spite of the downturn in car sales in 2002, publicly held dealer groups like Asbury had a more difficult time finding owners willing to sell their dealerships.
Asbury sold 96,000 new vehicles in 2002 for revenues of $4.5 billion.
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Asbury Automotive Group competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Morgan Stanley | 1935 | $3.0B | 68,097 | 1,003 |
| Citi | 1812 | $74.3B | 210,000 | 686 |
| CIT Group | 1908 | $2.3B | 3,678 | - |
| Crown Automotive | 1998 | $46.0M | 50 | 19 |
| Berkshire Hathaway | 1839 | $371.4B | 360,000 | 297 |
| Park Place Dealerships | 1987 | $64.0M | 125 | 6 |
| Sonic Automotive | 1997 | $12.4B | 9,750 | 322 |
| Penske Automotive Group | 1990 | $30.5B | 25,000 | - |
| CME Group | 1848 | $6.1B | 4,500 | 36 |
| AutoNation | 1996 | $26.8B | 21,001 | 491 |
Asbury Automotive Group history FAQs
Zippia gives an in-depth look into the details of Asbury Automotive Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Asbury Automotive Group. The employee data is based on information from people who have self-reported their past or current employments at Asbury Automotive Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Asbury Automotive Group. The data presented on this page does not represent the view of Asbury Automotive Group and its employees or that of Zippia.
Asbury Automotive Group may also be known as or be related to Asbury Automotive Group, Asbury Automotive Group Inc and Asbury Automotive Group, Inc.