Sunday, June 9, 2019

Out-of-trust cases raise concerns of 'bloodbath' for retailers

Out-of-trust cases raise concerns of 'bloodbath' for retailers http://bit.ly/2K5hlaj

U.S. auto sales are at historically robust levels. Yet concern is rising over the number of dealers accused by their lenders of selling vehicles without repaying floorplan loans in a timely manner, a practice known as selling out of trust.

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