TITLE

Captives join to give Asbury more clout for acquisitions

AUTHOR(S)
Henry, Jim
PUB. DATE
January 2001
SOURCE
Automotive News;1/29/2001, Vol. 75 Issue 5913, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on Asbury Automotive Group's financing agreement with Ford Motor Credit Co., Chrysler Financial Co. LLC and General Motors Acceptance Corp. that increases Asbury's borrowing power for acquisitions. Amount earmarked for acquisitions and floorplanning; Automobile groups that are tapping the captive companies.
ACCESSION #
4092471

 

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