Retail

Timing, strong deal fuel Asbury sale of 9 stores

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Asbury Automotive sold Crown BMW to Hudson Automotive. The store was renamed BMW of Greensboro.
December 17, 2022 05:00 AM

Timing and a good offer were the catalysts behind a fourth-quarter deal in which megaretailer Asbury Automotive Group Inc. divested nine dealerships in North Carolina to Hudson Automotive Group of Charleston, S.C., according to Asbury CEO David Hult.

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