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

HCA sues NY dealership for floorplan fraud

  • Joey Pizzolato
  • July 5, 2019
  • Risk

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 […]

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