HCA sues NY dealership for floorplan fraud | Auto Finance News | Auto Finance News

HCA sues NY dealership for floorplan fraud

2018 Hyundai Sonata

Hyundai Capital America is suing Cortlandt Manor, N.Y.-based Picon Auto on the grounds that the now-defunct dealership allegedly sold six Kia vehicles and failed to pay the captive. HCA claims that the dealer has eight additional Kia vehicles — that were transferred to a Milton, N.Y.-based Chrysler dealership — that it intends to sell. “Because Picon […]

Get Auto Finance News Premium for as low as $8 per week!

Start your free one week trial today for access to the latest industry news and trends.

Subscribe

Latest Magazine Issue
Sign Up Email List
Big Wheels Auto Finance Data Link