Asbury Automotive Group, one of the country's largest vehicle retailers, plans to furlough 2,300 employees, reduce store hours and suspend its 401(k) match because of a sudden steep drop in business related to the coronavirus pandemic.
Major Auto Retailer Furloughs Employees, Cuts Salaries for Executives Across the Country
Asbury Automotive Says Coronavirus Led to ‘Sudden and Significant Decline’ in Business
By Tony Wilbert
CoStar News
April 6, 2020 | 7:07 P.M.
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IN THIS ARTICLE
- Properties
- Spectrum 2905
2905 Premiere Pky, Duluth, GA
- Contacts
- David Hult
President & Chief Executive Officer, Asbury Automotive Group