# Toyota's financial arm, Toyota Motor Credit Corporation, is suing a Connecticut dealership for $5.1 million over several alleged missing vehicles.

*business · news · 2026-05-02 · SlashGear*

## Key points

- Toyota Motor Credit Corporation is suing a Connecticut dealership for $5.1 million in missing vehicles.
- A March 2026 audit discovered 16 vehicles worth $1.4 million unaccounted for at the dealership.
- Toyota Credit alleges vehicles were sold or transferred without first repaying the creditor as required.
- The lawsuit seeks injunctive relief to prevent the dealership from moving or selling remaining Toyota-financed inventory.
- Toyota Credit is also requesting court-ordered possession of its remaining collateral on the dealership's lot.

**Companies:** Toyota, Toyota Motor Credit Corporation, Stephen Cadillac GMC
**Countries:** United States

[Read the full story on SlashGear](https://www.slashgear.com/2162493/toyota-lawsuit-dealership-missing-cars-connecticut/)

---

Canonical: https://newsio.io/n/f29d2c69-b4cc-4c67-b664-37c79bd87a34/toyotas-financial-arm-toyota-motor-credit-corporation-is-suing-a-connecticut-dea
Summarized by Newsio from SlashGear. https://newsio.io/how-it-works
