Ford dealership files for bankruptcy after recall sparked freeze in sales – but owner insists it’s ‘business as usual’

A FORD dealership has filed for bankruptcy protection after a recall forced the automaker to stop selling many vehicles.

Despite the bankruptcy, the dealership owner insisted that the shop would keep on pushing.

The dealership, located in Napa, California, has filed for Chapter 11 bankruptcy, which allows the company to reorganize its finances and debt structure, thereby continuing to operate rather than liquidating its assets.

The application was filed on July 24, as reported by the Napa Valley Register…

Story continues

TRENDING NOW

LATEST LOCAL NEWS