Major auto retailer relocates to GA

One of the world's largest automobile retail companies is moving to Georgia. Asbury Automotive Group will move its headquarters and some 70 employees to Duluth. The office will be in the building of its metro Atlanta brand group, Nalley Automotive Group. The headquarters is moving from New York and Connecticut. The move should reduce personnel expenses by 20 percent. The restructuring plan will result in 5.5 million dollars in pretax expenses. The Fortune 500 company owns 13 Atlanta-area dealerships and 121 nationwide.

(Associated Press)