Thread regarding Iowa layoffs

Stellantis Sues Sky Auto Mall Over Alleged Loan Scheme, Staff Laid Off

Stellantis sued Sky Auto Mall last week. The automaker alleges a $12 million financing fraud. Sky Auto Mall engaged in "double flooring" practices. This involved securing multiple loans for the same vehicles. The dealership subsequently laid off 76 employees.

https://news.dealershipguy.com/p/stellantis-sues-iowa-dealership-over-12m-loan-scheme-layoffs-follow


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