More on Asbury Automotive Group's Q3

• Asbury Automotive Group (NYSE:ABG) reports total revenues on same-store basis rose 1% in Q3.
• New vehicles revenue fell 2% to $940.9M.
• Used vehicles revenue squeezed 4% to $476.4M.
• Parts and service revenue expanded 5% to $200.4M.
• Finance and insurance, net revenue dropped 5% to $65.4M.
• Gross margin rate slipped 10 bps to 15.8%.
• Adjusted operating margin rate decreased 20 bps to 4.3%.
• Total new vehicle unit sales down 5% Y/Y to 26,815M.
• Total used vehicle retail units sales declined 6% to 20,030M.