Asbury Autogroup Enters Strategic Alliance With Pennzoil-Quaker State Company.Business & Automotive Editors STAMFORD, Conn.--(BUSINESS WIRE)--June 26, 2001 Asbury Autogroup and Pennzoil-Quaker State Company (PQS PQS - Picture Quality Scale ) today announced a strategic alliance providing the Asbury dealership network with significant cost savings on oil products and co-marketing initiatives. Specifically, the five-year agreement will enable Asbury's dealerships to take advantage of nationally discounted prices on oil, co-op advertising promotions, sales support, and customer support programs such as roadside assistance and car care kits. "Strategic business partners like Pennzoil enable our dealerships to provide our customers with high quality products and services that increase customer satisfaction," stated Asbury Autogroup's Chief Executive Officer Brian Kendrick Brian David Kendrick<ref name="OWWProfile" /> (born May 29, 1979) is an American professional wrestler currently signed to World Wrestling Entertainment performing on its RAW brand. . "Strategic alliances are an important and effective way to build our business by reaching a broader base of consumers," said Pennzoil-Quaker State Company Lubricants President Doug Boyle Doug Boyle (born 6 September 1962 in Buckhurst Hill, Essex) is a guitarist, best known for his work in later incarnations of Caravan. Biography Boyle's first major break was playing in Robert Plant's band (1987-92). . "Pennzoil-Quaker State products, promotions and customer support will combine well with Asbury's powerful retail platform to give consumers a superior experience." About Asbury Autogroup Asbury Automotive Group Asbury Automotive Group is a Fortune 1000 company based in New York, New York, and was founded in 1995. This company operates auto stores and franchises. Asbury Automotive Group, Inc. L.L.C. is comprised of nine regional automotive groups located in Arkansas, Florida, Georgia, Mississippi, Missouri, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Oregon, Virginia and Texas. The company operates 125 automotive retail franchises and sells, finances and services a diverse range of foreign and domestic automobile brands. About Pennzoil-Quaker State Company Pennzoil-Quaker State Company is a leading worldwide automotive consumer products company, marketing over 1,300 products with 20 leading brands in more than 90 countries. The company markets Pennzoil(R) and Quaker State(R) brand motor oils, the number one and number two selling motor oils in the United States. Jiffy A fraction of time that has numerous interpretations depending on who uses it. It may refer to one computer clock cycle, one nanosecond, one millisecond or one AC power cycle. There may be others. See nanosecond. 1. Lube, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Pennzoil-Quaker State Company, is the world's largest fast lube operator and franchiser. For more information about Pennzoil-Quaker State Company, visit its web site at http://www.pennzoil-quakerstate.com/. |
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