Reagor-Dykes Auto Group issues written apology

Reagor-Dykes Auto Group issues written apology

Posted: Updated:
LUBBOCK, Texas -

A day before its next hearing in U.S. Bankruptcy Court, Reagor-Dykes Auto Group issued this statement:

The Reagor Dykes Auto Group team would like to apologize to all of our  customers, friends and employees who have had to suffer any type 
of inconvenience during the last couple of weeks.  
 
We never want to let anyone down but we have had our hands tied  for the past 2 weeks.  We intend and we want to address every situation 
we can with solutions as soon as we possibly can.   
 
Thank you for your understanding and patience during this time. We pray that we will be able to provide solutions very soon.
 
Thank you to those who have been praying for our team and for a positive resolution to these circumstances.

TUESDAY: Loss of Reagor-Dykes Chevrolet in Floydada a potential financial pitfall for city
TUESDAY: Vehicle auction company claims Reagor-Dykes owes it $687,000
TUESDAY: Ford Credit claims Reagor-Dykes is not following court orders; court grants extension to file docs
MONDAY: U.S. Trustee opposes Reagor-Dykes request to hire chief restructuring officer
AUG. 10: Ford Credit: Reagor-Dykes fraud may be among largest of its type in U.S. history; GM files to terminate Floydada dealership
AUG. 9: Reagor-Dykes questions former CFO’s actions; Contractor claims $700,000 due now
AUG. 7: Former Reagor-Dykes employees claim they were not paid
AUG. 6: Customers concerned over Reagor-Dykes 'unwinding' process
AUG. 6: Ford suit against Reagor-Dykes on hold while bankruptcy case proceeds
AUG. 3: Judge approves Reagor-Dykes employee pay
AUG. 2: Mayor: Downtown Lubbock growth to remain strong regardless of Reagor-Dykes future
INITIAL STORY: Ford Motor Credit sues Reagor-Dykes; R-D files for chapter 11 bankruptcy

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