Asbury Auto Group Inc. aims to double its pace of acquiring new stores in order to meet its goal of adding $750 million in revenue between 2013 and 2015. That is a $250 million increase in the added revenue goal Asbury announced in 2013. Asbury CEO, Craig Monaghan, says more stores are available now than in previous six month.
Lithia Motors Inc. is in discussion for more buys, said CFO Chris Holzshu, but it first wants to integrate the DCH stores it recently acquired.
http://www.autonews.com/article/20140728/RETAIL/307289976/asbury-to-double-pace-of-acquisitions#
