The publicly traded dealer groups have started reporting quarterly earnings and Auto Remarketing will be sharing the used-car results of each retailer.

That begins with Asbury Automotive Group, which reported second-quarter results Tuesday, including a double-digit spike in used-vehicle retail gross profits per unit.

Asbury generated $1.094 billion in retail used-vehicle revenue during the quarter, down 3% year-over-year. For the first half, retail used-car revenue of $2.154 billion was down 2%.

Wholesale revenues fell 9% in Q2, coming in at $141.9 million, and were off 8% in the first half at $288.7 million.

Days supply of used-car inventory was at 39 on June 30, compared to 38 at the end of 2025 and 38 at the end of June 2025.

Asbury retailed 33,098 used units during the quarter, which was a 9% decline, and has moved 66,300 retail used through six months of the year, down 7%.

Average selling prices on used retail units in Q2 was up 6% at $33,054. For the first half, they were up 5% at $32,482.

Asbury pulled in $2,002 in average gross profits on each used car retailed during Q2, a 16% increase. Gross profits were also up 16% for the first half at $1,924.

Used retail gross margins climbed 54 basis points in Q2, coming in at 6.1%. For the first half, they were up 56 basis points at 5.9%.

Overall net income came in at $115 million for the quarter, down 25% year-over-year. Adjusted net income fell 15% to $125 million.  Asbury generated $4.4 million in revenues and gross profits of $753 million

In overall commentary on the quarter, Asbury president and CEO Dan Clara called Q2 a “significant milestone in our enterprise technology transformation,” noting that the retailer finished about 70% of its Tekion implementations.

“We remain on schedule to complete the rollout across our operations this fall,” Clara said in a news release. “While a dealership management system (DMS) conversion requires substantial planning and resources, we believe this investment will deliver meaningful long-term value, enhance the guest experience through a more personalized retail journey and equip our teams with modern tools to better serve our customers.

“We are encouraged by the operating improvements in our converted stores, and we continue to execute against our balanced capital allocation approach, repurchasing $131 million in shares during the quarter.”