Posted: 09 Mar 2010 02:22 PM PST

BusinessWire - Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today announced that its Senior Vice President and Chief Financial Officer, Craig T. Monaghan, will present at the upcoming Bank of America Merrill Lynch 2010 Consumer Conference in New York at 11:30 a.m. Eastern Standard Time on March 11, 2010.

A live audio webcast will be available at: https://www.veracast.com/webcasts/bas/consumer2010/id26561980.cfm

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Presentation slides will be available on the Company's Investor Relations website at: http://www.asburyauto.com

About Asbury Automotive Group

Asbury Automotive Group, Inc. ("Asbury"), headquartered in Duluth, Georgia, a suburb of Atlanta, is one of the largest automotive retailers in the U.S. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 81 retail auto stores, encompassing 108 franchises for the sale and servicing of 38 different brands of American, European and Asian automobiles. Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.

SOURCE: Asbury Automotive Group, Inc.

Asbury Automotive Group, Inc. Investors Contact: Ryan Marsh, 770-418-8211 Corporate Treasurer ir@asburyauto.com or Porter Novelli Reporters Contact: Anna Okula, 404-995-4554 aokula@porternovelli.com

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Toyota to refute claims about recall - Times-Leader

Posted: 06 Mar 2010 10:47 PM PST

Nick Wozniak said...

I have read the pros and cons and a lot of bs about the recall,but can anybody out there,besides Toyota,tell me if my 2010 Camry is safe to drive even after the repairs?

March 7, 2010 at 2:14 PM

Al said...

Toyota almost positively knows the defect in their cars, they built and designed them. They choose to ignore the obvious and continue to endanger innocent lives. Studies have suggested that it is easier and cheaper to pay out innevitable lawsuits than to make these cars safe. Toyota is not fronteiring this practice, it has been perfected in the past by the insulation, pesticide, and lead industries. Step One: Denial Step Two: Fix something close to the problem. Step Three: Wait for the problem to go class action: people affected get next to nothing and law firms get rich.

March 7, 2010 at 6:16 PM

Usta B NEPAGUY said...

YOu say "Toyota is not fronteiring this practice" but you left out mentioning GM, Ford, Chrysler, the trainers in this area... Remember, the Japanese never were very good at coming up with original ideas, but the certainly could perfect American ideas and make them better. Would we be hearing about this at all if the government didn't own GM? We would, but not with this much press. Bad mouth away - but I will continue buying a Toyota's and Honda's and Subaru's before I will over pay for an under quality government made vehicle.

March 8, 2010 at 10:16 AM

Don't Panic said...

Some People don't need a Faulty gas pedal to speed out of control. I know some people must not know to put the Car in Neutral if the Gas Pedal sticks. It may not turn off but it will stop. In the old days with linkage systems it used to be Par for the Course.

March 9, 2010 at 5:03 AM

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State jobless rate shows stability, declines to 14.3% - Detroit Free Press

Posted: 10 Mar 2010 12:02 AM PST

Michigan began 2010 with a lower unemployment rate, posting a 14.3% mark in January, down two-tenths of a percentage point from December's revised rate of 14.5%.

The slight decline means that Michigan -- while still posting the highest jobless rate in the nation -- has continued to stabilize for the past several months after a sharp rise in early 2009.

Combined with a slight increase in the number of payroll jobs reported by employers, the minor improvements show that Michigan's labor market, if far from good, at least seemed to have bottomed out.

"Typical January auto industry job cuts did not occur in January 2010," said Rick Waclawek, director of the state Department of Energy, Labor & Economic Growth's Bureau of Labor Market Information and Strategic Initiatives. "Also, jobs in a number of Michigan industry sectors, including manufacturing, have stabilized since the summer of 2009."

Even so, Michigan's January rate of 14.3% is still more than a percentage point above the next-worst state jobless rate -- Nevada with 13% in December. The federal government is to release its comparison of state rates for January later this month.

In one hopeful sign, Michigan employers added a net increase of 6,000 jobs in January.

That included 10,000 jobs in manufacturing, 4,000 in government, and around 2,000 new jobs each in construction, retail trade and other services.

Those gains were partly offset by losses in education and health services (down 7,000) and professional and business services (down 5,000).

The national unemployment rate was 9.7% in both January and February. Michigan's February rate is due later this month.

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