Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that in conjunction with its ongoing IT strategic review, the company has decided to deploy a common dealer management system (DMS) with the Dealer Services Group of Automatic Data Processing, Inc. (Nasdaq: ADP) as its provider. Additionally, Asbury looks forward to partnering with DealerTrack Holdings, Inc. (Nasdaq: TRAK) as a preferred software provider for F&I and inventory management solutions, including credit application processing, compliance and DealerTrack AAX. Asbury does not anticipate any material near-term financial impact; in fact, it expects productivity improvements from its new IT infrastructure, which is targeted to be fully implemented by the summer of 2011.
Asbury’s President and CEO Charles R. Oglesby commented, “Over the past few months, Asbury, along with our technology partners, has conducted an in-depth review of our IT strategy and infrastructure. Today I am pleased to announce our decision to partner with both ADP and DealerTrack to provide best-in-class enterprise technologies for our employees and customers. We are excited about the path we are taking, and look forward to a long, productive relationship with our key IT partners.”
About Asbury Automotive Group
Asbury Automotive Group, Inc. (“Asbury”), headquartered in Duluth, Georgia, a suburb of Atlanta, is one of the largest automobile retailers in the U.S. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 80 retail auto stores, encompassing 107 franchises for the sale and servicing of 38 different brands of American, European and Asian automobiles. 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.