Major news in subprime:
— Car Dealership Guy (@GuyDealership) April 18, 2023
U.S. Auto Sales has “temporarily” closed all operations.
Ally dropped their floorplan / inventory line of credit [Unconfirmed]
— Major subprime dealer group w/ nearly 50 locations.
— CEO’s LinkedIn is now deactivated.
Letter from CEO to the employees: pic.twitter.com/AdIFXZHBFA