MERCEDES COUNTRY: While some Orange County auto...

MERCEDES COUNTRY: While some Orange County auto dealers have struggled in the recession (D5), Fletcher Jones has found happiness in Newport Beach. The Las Vegas-based dealership bought out socialite James Slemons’ Mercedes-Benz lot--which had gone into bankruptcy--figuring that Mercedes and Newport Beach go together like caviar and champagne. . . . With an infusion of new capital, it had record sales of 253 new and 63 used Mercedeses in April and May.