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CNC Motors Closure & Controversy Update. This is an updated version, including notations of several fast-breaking events, in the article that ran in the Sentinel on Friday, April 16. Upland Car Dealer Withholding $7.25M In Consignment Proceeds From Sellers.
8 Νοε 2023 · After allegedly stealing dozens of customers' cars and pocketing the profits from their sale, the owner of CNC Motors has been arrested.
6 Μαΐ 2021 · Ultimately, CNC Motors is attempting to sell, the rare Vehicle which Alegra: (i) has paid $225,000 for, (ii) is currently in possession of; and (iii) does not have title for.
3 Νοε 2023 · Clayton Thom, former owner of CNC Motors, is accused of stealing more than $4 million from 35 customers and not paying $4.4 million in taxes to the state.
2 Νοε 2023 · The owner of the bankrupt luxury car dealership CNC Motors in Upland faces 37 counts of grand theft and a count of elder theft. Prosecutors say he embezzled $4 million by agreeing to sell cars on consignment and keeping the money.
CNC reportedly was in arrears to Lotus well over $2.5 million by Spring 2021, and as a result, those who had purchased brand new Lotus Evoara GTs from the dealership had not been given title to the cars and were unable to register them.
8 Νοε 2023 · Clayton Thom owned CNC Motors, a high end car dealership in Upland, California. The dealer’s inventory was massive with everything from a lowly Mercedes C-Class to Ferrari F430s, Aston Martins,...