"Major news in subprime: U.S. Auto Sales has “temporarily” closed all operations."

 We'll re-use the intro from last Saturday's "Used Cars Available For Sale Now The Lowest On Record":

From CarDealershipGuy who has shown himself to be a straight-shooter...

Major news in subprime:

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

— CarDealershipGuy (@GuyDealership) April 18, 2023

...THREAD

Automotive News picked up the story today:

Southern used-car dealer U.S. Auto Sales closes locations

The Southeastern used-vehicle dealership chain U.S. Auto Sales has closed its 39 locations indefinitely, the company's website stated Tuesday.