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Sky Auto Mall fraud lawsuit leaves 76 workers jobless, employees say they were kept in the dark

Summary by Business Record
An eastern Iowa auto dealership has laid off 76 workers within days after a lawsuit was filed alleging the company engaged in loan fraud. Sky Chevrolet LLC, located in Newall, laid off 30 workers, and Sky Auto Mall LLC in Center Point, 46 workers, according to notices posted on Iowa’s Worker Adjustment and Retraining Notification,…

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Sky Auto Mall fraud lawsuit leaves 76 workers jobless, employees say they were kept in the dark

·Cedar Rapids, United States
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Business RecordBusiness Record

Eastern Iowa auto dealer lays off 76 workers after lender alleges fraud in lawsuit

An eastern Iowa auto dealership has laid off 76 workers within days after a lawsuit was filed alleging the company engaged in loan fraud. Sky Chevrolet LLC, located in Newall, laid off 30 workers, and Sky Auto Mall LLC in Center Point, 46 workers, according to notices posted on Iowa’s Worker Adjustment and Retraining Notification,…

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Business Record broke the news in on Wednesday, March 11, 2026.
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