Todd Blue gets his Porsche store through 4 dealership purchase in California [Yahoo! Finance]
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Yahoo! Finance
When Todd Blue, CEO of LAPIS Auto Group, closed his purchase of Ferrari of Rancho Mirage a few months ago, he told WardsAuto that the next dealership franchise he would most like to acquire was a Porsche store. Well, Blue has done it. On March 17, LAPIS acquired four dealerships from Umansky Automotive Group . The stores are Audi Livermore, Land Rover Livermore, Livermore Honda and — drum roll — Porsche Livermore. It's the latest move for Blue as he builds out LAPIS Auto Group. Expanding helps extend the unique customer experience he aims for at the group's dealerships, Blue told WardsAuto on a Zoom call. “For me, LAPIS is automotive authenticity,” he said. “That's really what I feel like I stand for. And that is to be able to connect with my customers, not be too big, but be big enough.” Connecting with his customers means providing special experiences, such as giving them access to a race facility that LAPIS is building at The Thermal Club racetrack near Palm Springs in The
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News
- How Investors May Respond To Asbury Automotive Group (ABG) Dealership Sales And Expanded Buyback Plan [Yahoo! Finance]Yahoo! Finance
- How Is Asbury Automotive Group (ABG) Able to Boost Its BuyBack Program? [Yahoo! Finance]Yahoo! Finance
- Asbury Automotive Group (ABG) had its price target lowered by JPMorgan Chase & Co. from $240.00 to $235.00. They now have an "underweight" rating on the stock.MarketBeat
- Brookhaven approves $150 million North Druid Hills redevelopment anchored by Nalley BMW [CBS News]CBS News
- Asbury Automotive Group (ABG) had its price target lowered by Citigroup Inc. from $260.00 to $212.00. They now have a "neutral" rating on the stock.MarketBeat
ABG
Earnings
- 2/5/26 - Miss
ABG
Sec Filings
- 4/3/26 - Form 4/A
- 3/26/26 - Form SCHEDULE
- 3/24/26 - Form DEF
- ABG's page on the SEC website