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Asbury Automotive’s Customer-Pay Revenue Up 7% In Q1

The Asbury Automotive Group, which operates 79 dealerships across 10 states, saw its parts and service gross profit increase 6.7 percent in the first quarter of 2012. Parts and service revenue came in at $145.10 million — up 2.5 percent year-over-year. The sales increase was primarily due to a 7-percent increase in customer-pay revenue, partially offset by a 15-percent decrease in warranty revenue.

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