Industry Press Releases

Asbury Automotive Group, Inc. acquires New Ford Store in Jacksonville, Florida

Wednesday, Jul 01, 2015
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Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., is pleased to announce that it is expanding in the Florida market. Asbury has acquired Mike Davidson Ford which generates approximately $90 million in revenues annually.  The new dealership will be rebranded as Coggin Ford and brings the number of Asbury stores in Florida to 24, along with three Q auto locations.

The newly acquired store is located in close proximity to Coggin Honda and Nissan on Atlantic Boulevard. For years, the Ford store has provided quality sales and service to customers in the Jacksonville area with a wide selection of new and pre-owned vehicles. Asbury is pleased to continue this tradition of excellence.

"We are very excited to add this Ford store to better serve our Jacksonville customers and are pleased to expand our suite of Coggin stores.  We welcome our new employees to the Asbury family and are looking forward to this opportunity in the Jacksonville area," said David Hult, executive vice president and chief operating officer of Asbury Automotive Group.

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 86 dealerships, composed of 106 franchises for the sale and servicing of 29 domestic and foreign brands of vehicles.  Asbury also operates 26 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.

 

asburyauto.com

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