Dealer Group Owes Ford Credit $45M | Auto Finance News | Auto Finance News

Dealer Group Owes Ford Credit $45M

The Ford Motor Co. logo sits on the exterior of the automaker's factory in Cologne, Germany, on Wednesday, Feb. 13, 2019. Photographer: Krisztian Bocsi/Bloomberg

Ford Motor Credit has determined that Bart Reagor, co-owner of Lubbock-based Reagor-Dykes Auto Group, owes $45.3 million to the captive in its $112 million floorplan financing fraud suit against the dealer group, according to an amended proposed judgement filed with the U.S. District Court yesterday. Ford Credit already has recouped $74.7 million, which includes the former […]

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