A Rare Automaker Alliance Over FraudEarlier this month, Stellantis sued Iowa-based dealer group Sky Auto Mall over alleged floorplan fraud. Now, Ford Motor Company has formally joined the fight, filing its own lawsuit and effectively turning the case into a two-front legal battle against the same dealer.According to filings, Stellantis Financial Services first spotted irregularities and alerted Ford Credit in February. Ford’s subsequent investigation uncovered a pool of vehicles that appeared to be financed by both lenders, reinforcing Stellantis’ original claims and escalating the situation.
Stellantis
Double Financing And “Selling Out Of Trust”Stellantis alleges the dealership defaulted o …
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Author: Leroy Marion
