A California man has been arrested for the death of a car salesman who was killed after the driver slammed a corvette into a tree during a test drive on Tuesday, police have revealed.

The crash occurred at around 12:45 p.m. in Ontario, Calif., when the driver, 28-year-old Alex Demetro, lost control of the red corvette he was driving a couple blocks away from the CarMax dealership and crashed, reported USA Today. Witnesses said that he was speeding down Mercedes Lane prior to the accident, going at least 70 mph.

The car salesman, later identified by co-workers as 43-year-old Warren Smale, was transported to San Antonio Community Hospital in critical condition, but he succumbed to his injuries and was later pronounced dead.

Demetro, who was also injured in the crash, was arrested on suspicion of vehicular manslaughter and felony driving under the influence of drugs. He is being held on $100,000 bail in San Bernardino County jail and is scheduled to appear in court later Thursday, according to The Los Angeles Times.

Confirming the incident on its website, CarMax spokeswoman Catherine Gryp called the loss, "an incredibly sad day for the CarMax family."

"Our hearts and prayers go out to our associate's family. CarMax is working closely with the authorities on the investigation," the statement read.