Former Twin Cities auto dealership mogul Denny Hecker won't be released from jail, even for a short furlough, because he has "misrepresented his financial situation" and "frequently and repeatedly defies court orders," making him a flight risk, a federal judge ruled Friday.
Kia dealership moved to Fargo; Moorhead officials lament business loss The sale was completed Wednesday morning, Boen said. Shortly thereafter, his sales staff teamed up to drive Muscatell’s Kia fleet of about 80 vehicles across the river from Muscatell’s Moorhead dealership. The new dealership is called Kia of Fargo.
Marino Eccher and Dave Olson
, September 30, 2010
The automaker will wind up with about 5,000 U.S. dealers in July, up from original plans for 4,100, Mark Reuss, GM's North America president, told The Associated Press. It had about 6,000 when it filed for bankruptcy last year.
Bankrupt auto mogul Denny Hecker’s legal nightmare took an even darker turn Thursday, after his former father-in-law committed suicide just a week after he was accused of helping Hecker hide about $81,000 from creditors.
UPDATED 11:52 A.M. The president of Toyota's operations apologized for the company's handling of safety issues today while insisting that electronic problems did not contribute to sudden acceleration of its cars. Transportation Secretary Ray LaHood argued that such a possibility could not be ruled out.
Ken Thomas and Larry Margasak
, February 23, 2010
Former auto dealer Denny Hecker stood up and cursed in court Wednesday after U.S. Bankruptcy Judge Robert Kressel refused to forgive the debt. It means Chrysler can claim any future earnings by Hecker.
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