Leading the Hot Topics List, Asbury Auto reports Massive Gains in the 4Q and Full-Year

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Asbury Automotive Group, (NYSE:ABG) an auto dealership chain headquartered out of Atlanta which operates as an automotive retailer in the United States returned to a fourth-quarter and full-year profit in 2009. Asbury Auto posted a $200,000 gain in the final three months and $13.4 million for the entire year. The chain lost $370 million in the fourth quarter of 2008 and $344 million for the full year.

About Asbury Automotive Group:

Asbury Automotive Group, Inc. operates as an automotive retailer in the United States. It offers various automotive products and services, including new and used vehicles and related financing; vehicle maintenance and repair services; replacement parts; and warranty, insurance, and extended service contracts. The company’s new vehicle sales comprise the sale of new vehicles, including light vehicles and heavy trucks to individual retail customers and commercial customers. Its used vehicle sales include the sale of used vehicles to individual retail customers and other dealers at auction. It arranges for the financing of the sale or lease of new and used vehicles to customers through third party vendors. As of December 31, 2008, the company operated 115 franchises at 87 dealership locations and 25 collision repair centers. Asbury Automotive Group was founded in 1995 and is headquartered in Duluth, Georgia.

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

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