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Jury Orders Reagor to Pay Ford Credit $53M

Bart Reagor (above) and former Reagor Dykes Auto Group partner Rick Dykes have each agreed or...

A jury deliberated for less than an hour before deciding Reagor Dykes’ Bart Reagor owes Ford Motor Credit Co. the full amount it demanded following an investigation into the Texas group’s floorplanning practices.

News

Ky. Dealer Charged With Leading $4M Repurchase Fraud

Three Kentuckians stand accused of perpetrating a $4.3 million interstate fraud against an...

A federal grand jury has charged a Kentucky dealer and two alleged accomplices with defrauding a manufacturer — thought to be Toyota — of more than $4 million by running 350 used pickups through a consumer buyback program.

News

Mystery Surrounds Seattle Dealership Closures

NobleRush’s multibrand dealership in Auburn, Wash., is one of five shuttered under mysterious...

Five motorcycle dealerships owned by Microsoft executive Howard Crow were suddenly shuttered last week. Managers and staff have returned, without pay, to open the doors and deliver or return bikes to bewildered customers.