BIll Heard Enterprises Car Dealership Closing

Bill Heard Enterprises, the Billion-dollar car dealership with locations in six states, is closing down according to a Columbus (GA) Journal-Ledger report.

Bill Heard did not give any reasons as to why all 13 locations of the popular car dealership will close and the company did not answer phone calls.

One reason for the closure could be because GMAC recently stopping giving Bill Heard Enterprises loans for inventory. The company also faced a $50 million lawsuit for deceptive advertising.

The company has been a leader in automobile sales for almost 90 years. For many years, it was the leading seller of Chevrolet vehicles in the U.S.

Bill Heard Enterprise Web site.

Source: bizjournals.com

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