Asbury Automotive Group Announces Participation In Thomas Weisel Partners Conference
NEW YORK, June 10 -- Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today announced that Company management will be participating in the Thomas Weisel Partners Growth Forum. This conference is predominantly a moderated Q&A format with no formal presentations. The session featuring Kenneth B. Gilman, Asbury's President and CEO, and J. Gordon Smith, Senior Vice President and CFO, is scheduled for Monday, June 13, 2005 at 12:10 p.m. Eastern Time. A live webcast (audio only) will be accessible on the Company's investor relations website at http://www.asburyauto.com/ . A replay also will be available beginning one hour after the presentation.
About Asbury Automotive Group
Asbury Automotive Group, Inc., headquartered in New York City, is one of the largest automobile retailers in the U.S., with 2004 revenue of approximately $5.3 billion. Built through a combination of organic growth and a series of strategic acquisitions, the Company currently operates 95 retail auto stores, encompassing 131 franchises for the sale and servicing of 33 different brands of American, European and Asian automobiles. Asbury believes that its product mix contains a higher proportion of the more desirable luxury and mid-line import brands than most public automotive retailers. The Company 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.