As documented on this blog, the neon sign was to be landmarked, but the owners got then-Mayor Antonio Villaraigosa to halt the process, made false preservation promises and put in LEDs.
It is an important reminder that Los Angeles city government has different rules for citizens and for powerful business leaders who donate to keep politicians in power. Felix Chevrolet's long range development plans were protected, and Angelenos lost a great neon sign and got an LED copycat in return. If they want to, the property owners could tear it down at any time.
Update 4/9/2021: A day after freaking Angelenos out with the demolition of its historic showroom, as captured by the intrepid Gary Leonard, Felix Chevrolet posts a Instagram story saying it's a remodel and the (unprotected, unlandmarked) sign is safe. For now!
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