PHOENIX – February 2, 2005 – Phoenix-based used car sales and finance company, DriveTime, announced today that the Corona dealership in California is officially open for business. The Corona dealership is located at 1625 West 6th Street. This is the 3rd new DriveTime dealership that has opened in California within the last 3 months.
"The new stores we have opened recently in California are exciting for DriveTime. We're working to improve our facilities with strategic relocations in tandem with our aggressive growth efforts, and we have met our goal of expanding our business to 79 stores nationwide," said Jon Ehlinger, General Counsel, V.P./ Public Relations of DriveTime. "Our enhanced presence in California will enable us to continue to provide superior service to our clients in this region."
DriveTime now has 14 stores in the Los Angeles metro area. This dedication to opening quality dealerships in convenient, high-profile locations mirrors a large-scale DriveTime business development plan, which projects over 85 stores nationwide by year-end 2005 and 100 stores by year-end 2006.