EVs, AI, Consolidation Dominate Dealer Strategies For Future Survival [Forbes]
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Forbes
That's the gamut of thought espoused by the head of a large dealer group and two executives at a company that specializes in dealership mergers and acquisitions during last week's Automotive News World Congress in Detroit. The EV divide Sales of battery electric vehicles increased over the past few years, but not nearly at the rate automakers had hoped. But sales spiked over the summer when shoppers ready to make the EV plunge rushed to buy one before $7,500 federal tax credits expire at the end of September. What happens to EV sales after that is subject to debate, but David Hult, CEO of the Duluth, Georgia-based Asbury Automotive Group is skeptical. “The tax credit was a benefit. But accepting, you know, if your average consumer is 40 years old purchasing a vehicle, and this is brand new technology to them, and if they don't own a home and don't have access to charging, there's a lot to be thinking about and how you have to handle that, and then first generation technology
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ABG
News
- Asbury Automotive Group (NYSE:ABG) was given a new $251.00 price target on by analysts at Barclays PLC.MarketBeat
- Serving Relief, Sharing Gratitude: Holiday Meals for Military® Helps Families Weather Growing Financial Strain [Yahoo! Finance]Yahoo! Finance
- Asbury Automotive Group (NYSE:ABG) had its "buy (b-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Asbury Automotive Group (NYSE:ABG) was upgraded by analysts at Barclays PLC to a "hold" rating.MarketBeat
- Asbury Automotive Group (NYSE:ABG) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
ABG
Earnings
- 10/28/25 - Beat
ABG
Sec Filings
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- 11/14/25 - Form SCHEDULE
- ABG's page on the SEC website