Ford Motor Co. is suing participants in an alleged civil conspiracy to improperly acquire a custom-built 2018 Ford GT supercar in Canada, resell it for a profit and swiftly resell it again for yet another profit, all within a matter of weeks.
Ford charges the defendants with flipping a new GT model worth C$690,800 ($520,000 USD) and selling it for more than double that price within a few weeks, in violation of the manufacturer’s 24-month prohibition against reselling the vehicle, according to a case in the Ontario Superior Court of Justice.
The defendants are Timothy Quocksister, president of Silver Arrow Cars in Victoria, B.C.; Bradley Nullmeyer, former CEO of Element Fleet Management Corp. of Toronto; Steven Hudson, former CEO of Element Financial Corp.; and Engineered Automotive, a vehicle servicing firm in Concord, Ont.
It’s a complex, high-stakes tale in which all defendants deny wrongdoing while sometimes pointing an accusing figure at o…