FILE NUMBER:
HEARING DATE: February 11, April 7, and July 5, 2005
IN THE MATTER OF THE MOTOR DEALER ACT R.S.B.C.1996 C.316
COMPLAINANT: REGISTRAR
MOTOR DEALER and/or SALESPERSON: L.A AUTO BROKERS INC. dba KAMLOOPS MOTOR PRODUCTS (Dealer #9421)
ISSUE:
- Dealer called to hearing for selling consignment vehicles when not authorized and failing to pay the consignors for the vehicles
- Dealership may be in financial difficulty - has not paid consignors
OUTCOME:
- Dealer licence was suspended at February 11th hearing
- Suspension was lifted at the April 7th hearing with conditions; three customer claims must be resolved; dealer provides VSA with a financial statement; dealer provides VSA with a $10,000 letter of credit; and $1000 hearing and investigation costs charged.
- Dealer failed to attend July 5th hearing – Registrar cancelled dealership licence
COMPLETE DECISION: Noted above
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