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The company is facing higher interest rates and slower consumer spending
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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The Duralast line of alternators and starters was released. The Loan-A-Tool program began allowing customers to borrow specific tools for jobs. The fourth distribution center in Greenville, South Carolina opened. The total number of stores was 339 in 15 states. AutoZone store in Murphy, North Carolina
Haywood Mall is a shopping mall in Greenville, South Carolina, United States. The mall is the largest in the state, with 1,237,411 square feet (114,959.2 m 2) of retail space. The super-regional mall opened in 1980 at the intersection of Haywood Road and I-385/Golden Strip Freeway.
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