Larry H. Miller stores push Asbury to record Q2 net income

Hult: "Our incredible team across the nation delivered a sequential increase in adjusted EBITDA of 5% and adjusted EPS of 8% over the first quarter of 2022."

July 28, 2022 06:35 PM

Asbury Automotive Group Inc. generated record net income of $201.4 million during the second quarter, bolstered by dozens of new Larry H. Miller Dealerships locations it purchased at the end of 2021.

Featured Stories

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Which vehicles are subject to Trump’s auto tariffs? Check our list

Latest News

Porsche shipped added inventory to U.S. ahead of tariffs

VW’s operating profit in Q1 fell almost 40% on U.S. tariffs, potential CO2 fines in Europe

Nissan anticipates next-generation automated-driving system in 2027

BYD accelerates addition of plug-in hybrid variants in Europe

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

BYD accelerates addition of plug-in hybrid variants in Europe

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

How automotive stocks are performing after latest tariff news

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Staying current is easy with newsletters delivered straight to your inbox.