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Asbury Automotive Group, Inc. , one of the largest automotive retail and service companies in the U.S., today reported financial results for the first quarter ended March 31, 2009.

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More than 130,000 employees at General Motors’ US dealerships are set to lose their jobs over the next 18 months as the beleaguered carmaker implements plans to shrink its distribution network.

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The chief executive of auto retailer CarMax Inc., Tom Folliard, received a compensation package valued at more than $2.96 million for fiscal 2009, according to an Associated Press analysis of figures in a regulatory filing.

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NEW YORK—-Wall Street Media presents an exclusive video of Mr. Eric Specter, EVP and CFO of Charming Shoppes, Inc. .

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