Chrysler completes the sale of factory-owned Motor Village LA store

Article by Christian A., on November 10, 2011

The sale of Chrysler Group’s high-profile, factory-owned Motor Village LA store located in downtown Los Angeles to a local dealership group has been finalized. The terms of the sale were not revealed. A Chrysler spokesman said that the automaker is negotiating a settlement of a complaint by the California New Car Dealers Association with the California Department of Motor Vehicles.

Chrysler divulged that the sale with New Century Automotive Group of Los Angeles was closed at the end of October. For this facility, two new dealer licenses were issued.

These include Downtown Figueroa Motors LLC, which does business as Motor Village L.A., and Downtown Apex Motors LLC, which operates as Fiat of L.A. The business principal of both licenses is New Century owner Dennis Lin.

Motor Village LA was built to show off Fiat’s and Chrysler's products as well as new retail techniques. This dealership opened in January. This 189,000-square-foot building has a glass vehicle display tower that overlooks Interstate 110.

It didn’t take long before neighboring dealers and the California New Car Dealers Association complained about this factory store. Chrysler had spent many millions of dollars for this store with the hopes that it will be able to restore its declining market share in California.

Last March, the association filed a complaint to the California Department of Motor Vehicles, stating that the company was unfairly competing by running a factory store that’s near (within 10 miles) other Chrysler dealerships. [source: Autonews]

If you liked the article, share on:

Comments

Recommended

The Europe-bound WRC hatch developed by Toyota and Gazoo Racing team will be limited to just 400 examples as reported by AutoCar this week. Otherwise known as Gazoo Racing Masters...
by - July 21, 2017
Even cops get excited when they’re assigned to drive the best cars in the market. In Austria, police officers drive around in a Porsche 911 Carrera while in Milan, authorities...
by - July 21, 2017
Subaru has already announced that the all new Impreza will be out by fall this year. The 2018 model year not only gets a number of new upgrades, but it...
by - July 21, 2017
Do you ever wonder what challenges automakers have in selling limited edition cars? It’s different for each company but it can get stressful if the demand is high instead of...
by - July 21, 2017
Alpine is said to be developing an SUV which is believed to be the Porsche Macan’s closest rival. According to AutoExpress, the newly revived performance brand has been looking to...
by - July 20, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries