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Tricolor CEO Daniel Chu out, sources say 

Subprime auto lender, retailer filed for bankruptcy and faces fraud allegations 

Auto Finance NewsbyAuto Finance News
October 1, 2025
in Management
Reading Time: 1 min read
0

Tricolor Chief Executive and founder Daniel Chu is no longer affiliated with the subprime auto lender, multiple sources tell Auto Finance News.  Chu owned 27.5% of the company ahead of the Chapter 7 bankruptcy, according to a Sept. 10 Kroll Bond Rating Agency report. More than 72% of the company was owned by a “large […]

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