Home Is Asbury Automotive Group, Inc. (NYSE:ABG) Potentially Undervalued?

Is Asbury Automotive Group, Inc. (NYSE:ABG) Potentially Undervalued?

Asbury Automotive Group, Inc. ( NYSE:ABG ), is not the largest company out there, but it received a $25.2 million grant from the U.S. Department of Transportation in 2014 to develop and sell cars and trucks that are designed for commercial use in the transportation industry. It will also work with North American automobbers and small businesses to develop truck and car brands for their own specific requirements. This is the first time that a company has offered a vehicle to a small business or company to work.

With the company, all new and315 vehicles will be able to be transported to the U.S. from anywhere in the world, with the largest and best price points for selling and rental vehicles.

This means that cars and trucks should be available in an economy-oriented city such as New York, where the majority of families will live most of their lives. In the U.S., a large number of high-profile companies such as BMO Honda, Mitsubishi Motors, Toyota, Nissan, Chrysler have already launched small- business vehicles and trucks in the US.

Here comes the big trick…

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