Carvana Co. is finally opening a location in its hometown.Since its founding in Phoenix less than five years ago, Carvana has launched a local presence in 32 markets.The online-focused retailer opened its Phoenix operation Aug. 2.
CarMax Inc. celebrated the grand opening of its fourth store in South Carolina located at 4649 Factory Store Boulevard in Myrtle Beach. The Myrtle Beach CarMax has the capacity to stock approximately 200 used vehicles. In celebration of the Myrtle Beach store opening, CarMax and The CarMax Foundation will award more than $18,000 in donations to the Boys & Girls Club of the Grand Strand over the next three years. This donation is being made at the recommendation of the Myrtle Beach CarMax associates. The location general manager of the store, Larry Williams, also joined the board of directors for the Boys & Girls Club of the Grand Strand.CarMax also donated an Imagination Playground valued at more than $15,000 to the Boys & Girls Club of the Grand Strand through its partnership with Kaboom.
Mercedes-Benz USA LLC is recalling 8,043 2016-17 G550 4Matic, G63 AMG, and G65 AMG vehicles. A malfunction of the Electronic Stability Program, while Distronic Plus is engaged, may cause the engine to not reduce power, regardless of the vehicle's speed, driving situation or brake application. MBUSA will notify owners, and dealers will reprogram the ESP control unit software, free of charge. The recall is expected to begin this month.
This holiday season consumers shopping for a new car or truck may be looking online more than ever. Nearly half of respondents to a recent survey by Chase Auto Finance said they would be comfortable completing their purchase online - from research to financing.The other half aren’t comfortable because they want to test-drive the vehicle before buying (76 percent) and they don’t believe they can negotiate online (47 percent).Research from Chase also found that Americans still have a strong emotional connection to their vehicles and driving in general. They love or like driving (78 percent), see their vehicle as an extension of their personal style (67 percent) and say their vehicle is like a family member (56 percent).That emotional connection likely explains why car buyers spend more time shopping for a vehicle than planning their last big vacation, picking their newest pet, orchoosing their wedding band/significant other’s ring.