Asbury Autogroup Enters Strategic Alliance With Pennzoil-Quaker State

    STAMFORD, Conn.--June 26, 2001--Asbury Autogroup and Pennzoil-Quaker State Company (PQS) today announced a strategic alliance providing the Asbury dealership network with significant cost savings on oil products and co-marketing initiatives.
    Specifically, the five-year agreement will enable Asbury's dealerships to take advantage of nationally discounted prices on oil, co-op advertising promotions, sales support, and customer support programs such as roadside assistance and car care kits.
    "Strategic business partners like Pennzoil enable our dealerships to provide our customers with high quality products and services that increase customer satisfaction," stated Asbury Autogroup's Chief Executive Officer Brian Kendrick.
    "Strategic alliances are an important and effective way to build our business by reaching a broader base of consumers," said Pennzoil-Quaker State Company Lubricants President Doug Boyle. "Pennzoil-Quaker State products, promotions and customer support will combine well with Asbury's powerful retail platform to give consumers a superior experience."