Asbury Automotive Group Enhances Clicklane With Addition Of Accessories And A Personalization Platform Powered By Insignia Group
DULUTH, Georgia – (COMMERCIAL THREAD) – Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury” or the “Company”), one of the largest retail and automotive service companies in the United States, today announced additional product enhancements for Clicklane, a technology ecosystem that enables an authentic online car buying and selling experience. The improvements include a strategic partnership with Insignia Group to provide vehicle customization accessories.
Through Insignia Group’s visualization platform, Clicklane customers will be able to browse and purchase vehicle accessories such as wheels, cargo storage solutions and other OEM catalogs before finalizing their purchase. vehicle. This additional vehicle personalization experience in Clicklane is also available to customers who have not purchased their vehicles through Clicklane, but have a vehicle supported by the platform. Customers can browse the available accessories and view them in real time on a digital version of their car. They also have the option to view installation costs and reminders to purchase parts needed for installation that are not included with the accessory.
July 8e, Asbury also unveiled the new Clicklane integration with Salty. Clicklane customers can now receive a binding insurance quote through Salty’s top rated carrier network and purchase auto insurance through a seamless experience powered by artificial intelligence and machine learning.
“Our partnership with Insignia Group and our recently announced partnership with Salty makes Clicklane a truly comprehensive digital car shopping experience and sets Clicklane apart from similar platforms,” said CEO and President David Hult. “Asbury customers want to make their vehicles unique and special to them. This new visualization platform gives customers the confidence that they are making the right choice before they buy.
“We are delighted to partner with Clicklane to improve the buying process for Asbury customers,” said David Stringer, CEO of Insignia Group. “Vehicle personalization is a key element in developing customer loyalty and satisfaction. ”
More information is available at https://clicklane.com/accessories.
Asbury Automotive Group, Inc. (“Asbury”), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers in the United States. Asbury currently operates 91 dealerships, comprising 112 franchises, representing 31 domestic and foreign brands of Vehicles. Asbury also operates 25 collision repair centers. Asbury offers its customers a wide range of automotive products and services, including new and used vehicles and related financing and insurance, vehicle maintenance and repair, spare parts and service contracts.
Insignia Group is the innovator and industry leader in accessory sales consultation and process configuration software. Insignia Group provides the automotive industry with exceptional sales training in vehicle customization, configuration software, ongoing leadership and process improvement. These key deliverables improve the customer experience, increase customer satisfaction, reduce sales staff turnover, and maximize profits. Insignia Group currently supports 18 makes of vehicles and serves dealerships nationwide. For more information visit www.insigniagroup.com
Asbury forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact and may include statements relating to objectives, plans, conditions of market and projections regarding Asbury’s financial condition, liquidity, results of operations, market position and portfolio of concessions, initiatives, including those relating to Clicklane and future business strategy. These statements are based on the current expectations and beliefs of management and involve significant risks and uncertainties which may cause results to differ materially from those stated in the statements. These risks and uncertainties include, among others, market factors, Asbury’s relationship with, and the financial and operational stability of automakers and other suppliers, acts of God or other incidents, and the shortage of semiconductor chips and rubber products. , which may have a negative impact on the supply of automakers and / or present retail problems, the risks associated with Asbury’s indebtedness (including available borrowing capacity, meeting its commitments and the ability to refinance or repay such debt on favorable terms), Asbury’s relationship with, and the financial stability of its lenders and lessors, the risks associated with competition in the retail sectors and automotive services, general national and local economic conditions, government regulations, legislation, adverse outcomes of litigation and other proceedings, and Asbury’s ability to execute its IT initiatives and other operational strategies, Asbury’s ability to ” exploit the gains from its portfolio of concessions, Asbury’s ability to take advantage of repurchase opportunities for its debt securities ance and equity or purchase properties it currently leases, and Asbury’s ability to stay within the target range for capital spending. There can be no assurance that Asbury’s plans for future operations will be implemented successfully or that they will prove to be commercially successful.
These and other risk factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements are and will be discussed from time to time in documents filed by Asbury with the Securities and Exchange United States Commission, including its most recent annual report. on Form 10-K and any quarterly reports subsequently filed on Form 10-Q. We assume no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.