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While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
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In August 2013, AutoNation announced the sale of its 9 millionth vehicle which was a record achievement for the industry. [ 23 ] On April 11, 2017, USA Today wrote that AutoNation's CEO Mike Jackson questioned the market value of Tesla , the maker of electric cars, by saying that Tesla is "either one of the great Ponzi schemes of all time or it ...
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Rumored for many years before, the 1993 Toyota T100 boasted a full-size (8 ft) pickup bed but retained the engine and suspension setup of its smaller and older sibling, the compact Toyota Truck. Although the T100 was a bit larger than the competitive mid-size Dodge Dakota , it was still markedly smaller than full-size American pickup trucks of ...
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