Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after Fifth Third Bank warned of alleged fraudulent activity at the company.

HOUSTON — A Texas-based auto dealer and lender that once billed itself as a financial lifeline for underserved buyers is now bankrupt, leaving thousands of customers with unanswered questions.

Tricolor Auto car dealership, on Thursday, Sept. 11, 2025 in Dallas. During business hours Thursday, the location appeared to be closed and the property's mechanized gate did not open once in about an ...