Did you know that Bill Heard Chevrolet has finally had to close its doors? They claimed that the soft economy, fuel prices and an over-reliance on the sales of trucks and SUVs were the reasons stated for the demise of these Chevy superstores.
Did you know that The Bill Heard company began in Columbus in 1919, and was founded by W.T. Heard Sr.
Did you know that Bill Heard employed over 3,500.
Did you know that Bill Heard had pending suit against involving signature forgery and deceptive advertising for $50 million and was bombarded with a litany of complaints from consumers in the states where it operated.
Did you know that Bill Heard lied to third-party lenders about customers' incomes to increase the likelihood that the vehicles would be financed?
Did you know that Bill Beard Town Center inflated the loaned value of vehicles by telling third-party lenders the vehicles carried extra features and options that they did not — an illegal practice known as "power booking."
Did you know that Bill Heard own thirteen dealerships that will close?
Did you know that Bill Heard was located in Nevada, Texas, Tennessee, Florida, Alabama and Georgia?
Did you know that Bill Heard closed a store in Arizona earlier in September.
Did you know that the representative of Bill Heard stated that “Rising fuel prices, a product portfolio of mostly heavy trucks and sport utility vehicles, economic recession, unfavorable local market conditions for vehicle sales, the crisis in the banking and financing sectors, and other factors all combined to create a business environment in which the company simply did not have the resources needed to continue to operate.”
Did you know according to its Web site, Bill Heard sells “around $2.5 billion” a year?
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