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Los Angeles is the capital of the car world. The city is perhaps trying to be the car buying capital of the world. The Chrysler Group unveiled ambitious plans for its newest dealership, called Motor Village of Los Angeles. The dealership will be located on South Figueroa Street, just blocks from the Los Angeles Convention Center, the Staples Center and LA Live.
Los Angeles Mayor Antonio Villaraigosa supported the move, saying the presence of the auto dealership will be essential to the city’s economic comeback. It will create jobs and raise tax revenue. The mayor also announced a new partnership with the Los Angeles Federal Credit Union. Under the partnership, customers can get car loans with rates as low as 2 percent.
This partnership is a part of the city’s yearlong campaign called Shop LA, aimed at encouraging Angelenos to spend within the city. The dealership’s jewel will be its five-story glass tower, which will display Chrysler, Jeep, Dodge, Ram Truck and Fiat vehicles. It will open for business early next year.
This is great news. Chrysler dealership being available to downtown Los Angeles will have a great impact on the economic stability of the car industry. People don’t have to go to other place just to buy some aftermarket auto parts from Chrysler. Or if they want to buy Chrysler cars.
Just a follow up regarding our trip to downtown. The dealership is sweet and right by the LA Live area. The new changes in that area are really nice and super fun to visit now.