TWST: Please start with a history of Asbury and a brief overview of your operations.
Mr. Monaghan: Asbury went public in 2002. Today we operate 84 dealerships with annual revenues of approximately $4 billion. Asbury is one of the largest automotive retailers in the country with over 6,500 employees. We sell 100,000 vehicles a year, both new and used, with 84% of those sales coming from our luxury and midline import brands.
TWST: You sell new cars, used cars and service cars. What percentage of your revenue comes from new, from used and from service?
