DULUTH, Ga., Dec. 16, 2014 /PRNewswire/ -- Asbury
Automotive Group, Inc. (NYSE: ABG), one of the largest automotive
retail and service companies in the U.S., is pleased to announce
that it has acquired Texas Motors Ford. The Ford dealership
generates approximately $140 million
in revenues annually. The new dealership will be rebranded
David McDavid Ford Fort Worth and
brings the number of Asbury stores in Texas to 7.
The newly acquired store is located at 300 West Loop 820 South in Fort Worth. For years, the Ford store
has excelled in providing quality sales and service to customers in
the Fort Worth area with a huge
inventory of new, pre-owned and fleet/commercial
vehicles.
"We are excited to announce our first acquisition in
Fort Worth and are pleased to
expand our suite of Ford stores. We are looking forward to
carrying on the superior quality of service and sales the customers
of Texas Motors Ford have come to expect. We welcome our new
employees to the Asbury family and are excited about our
opportunities in Fort Worth," said
David Hult, Executive Vice President
and Chief Operating Officer of Asbury Automotive Group.
Earlier this month, Asbury completed the acquisition of a Ford
store in Sandy Springs, GA.
About Asbury Automotive Group
Asbury Automotive Group,
Inc. ("Asbury"), a Fortune 500 company headquartered in
Georgia, is one of the largest automotive retailers in the
U.S. Asbury operates 83 dealerships, encompassing 104 franchises
for the sale and servicing of 29 domestic and foreign brands of
vehicles. Asbury also operates 24 collision repair centers
and three stand-alone used vehicle stores. Asbury offers
customers an extensive range of automotive products and services,
including new and used vehicle sales and related financing and
insurance, vehicle maintenance and repair services, replacement
parts and service contracts.
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SOURCE Asbury Automotive Group, Inc.