Activist investor collaborates with company to boost profits, improve working conditions for women


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Company: Asbury Automotive Group Inc. (ABG)

Business: Asbury Automotive Group is an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of Dec. 31, 2020, the company owned and operated 112 new vehicle…


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