Asbury Automotive Group had a strong 2025, reporting record revenue of nearly $18 billion and a 14% rise in annual profit, despite challenges from a major $1.3 billion dealership acquisition and the rollout of a new cloud based management system called Tekion. While fourth quarter profit fell due to one time costs, the company continued expanding and transitioning from its old system after past cybersecurity issues. CEO David Hult said switching systems has been difficult and costly in the short term but believes it will improve efficiency and benefit the company in the long run, with full rollout expected by late 2026.
Asbury Automotive Posts Record Revenues Despite New DMS, M&A Costs
