Asbury Automotive Group Inc (NYSE:ABG)
$ 235.06 5.13 (2.23%) Market Cap: 4.74 Bil Enterprise Value: 9.72 Bil PE Ratio: 8.57 PB Ratio: 1.42 GF Score: 94/100
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Asbury Automotive Group Inc to Discuss and Unveil Clicklane Transcript

Dec 02, 2020 / 03:00PM GMT
Release Date Price: $122.82 (+4.30%)
David W. Hult
Asbury Automotive Group, Inc. - President, CEO & Director

Good morning. I am David Hult, President and CEO of

Asbury Automotive. We are excited to show you the very first industry end-to-end solution for complete online purchase. Miran will walk you through the video that will actually show you some very first industry features that don't exist today in the marketplace. Dan will review some highlights from the video. P.J. will walk you through our 5-year plan and then Miran will come back and show you some enhancements that we're already working on to further develop the platform. And then finally, I'll close out the presentation before we take Q&A.

State of the automotive industry. I look at this as 2 simple things, really. It's a fragmented industry and an opportunity for us to really grow and scale our company. And the second piece is innovation. You'll see today that we are very focused on innovation, and we're very focused on the guest experience, putting them in the driver seat and aligning our business behind them.

Evolution of online car buying

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