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Asbury’s Q2 Parts & Service Revenue Essentially Flat

The Asbury Automotive Group was able to increase its parts and service gross profit 4 percent to $85 million despite essentially flat revenue in the second quarter of 2012. Parts and service revenue decreased $3 million, or 0.2 percent, to $145.70 million in the quarter, as a $2.40-million, or 11-percent, decrease in warranty revenue was partially offset by a $1.90-million, or 2-percent, increase in customer-pay revenue.

As of June 30th, Asbury operated 98 franchises (77 dealership locations) and 25 collision repair centers in 10 states.

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