GELCO and GE Fleet Services Sue Denny Hecker

GELCO and GE Fleet Services have filed a lawsuit against Denny Hecker, alleging that Hecker failed to pay $7.2 million in car leases that he personally promised, according to the Associated Press.

The lawsuit was filed May 13 against Hecker and four of his businesses in federal court.

Two weeks prior to the filing of this suit, Chrysler won a $477 million default judgment against Hecker. A week after that ruling, Ford won $3.15 million in a case against the auto dealer. In April Hecker was sued by Hyundai Motor Financial, which claimed that he failed to pay the company $104 million for 4,500 rental vehicles.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Understanding The Fleetification of Everything

As fleet miles increase exponentially, and as new stratum of fleet enter both consumer and business use cases, the "founding fathers" who gathered at Fleet Forward in Miami last week have some work to do.

The Problem with Valuing Safety Technology

As advanced safety technologies have migrated to mainstream vehicles, retaining value for these options at resale remains an issue.

ELD Mandate: Is Your Head Still in the Sand?

If you think you have 11 weeks to implement an Electronic Logging Device system to meet the Dec. 18 compliance deadline, you really don’t — for a few reasons.

Job Finder: Access Top Talent. Fill Key Positions.

>