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Thursday, 22 September 2011

Factory-owned LA store to be sold by Chrysler to New Century Automotive Group

Chrysler Group has reached an agreement to sell the factory that owned dealership in Los Angeles.
If the agreement to sell the Los Angeles Motor Village is completed, it could avoid disciplinary action by the Department of Motor Vehicles, which last week filed an administrative complaint accusing bad Chrysler factory owned by a store operation in the Motor village.


On 27th September meeting on the charges is scheduled before the California New Motor Vehicle Board, which acts as a court order to resolve the issues of the franchise.


 The potential buyer is the New Century Automotive Group, North Hollywood, California. The group owns three BMW dealerships and one Volkswagen, Mini and Infiniti stores. New Century is owned by Dennis Lin.Vcommindia News

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