The collapse began last fall. Carroll Shelby Licensing Inc. first discontinued its relationship with Unique Performance after hearing grumblings that customers paying for high end vehicles were not receiving them. Those complaints evolved into allegations of title-washing.
Those allegations and rumors soon materialized into facts, and the company’s Texas-based Farmer’s Branch factory was
busted in a title-washing raid by the Dallas area Farmer’s Branch Police Department.
Weeks later, Unique Performance
filed for Chapter 7 bankruptcy.
This January, local officials announced that the company could
face 25 felony charges regarding the 61 vehicles they seized from the Farmers Branch factory, which allegedly came complete with filed-off or altered VIN numbers and titles. The colossal confiscation included an estimated 58 Mustangs and 3 Camaros.
Fast forward to last week: Unique Performance’s demise has been sealed with the liquidation auction of every furnishing within its factory, from cars to tools to furniture. Some of the items that would otherwise seem like worthless office trimmings certainly attracted the likes of car enthusiasts who have followed the storied company since its founding.
While the company’s misdeeds certainly deserve the pending punishment, the reality of the situation is grim and the finality of Unique’s fateful course is tragic.
Check out the photos of the liquidation in the reply below, taken by TheMustangNews’ Mike Gomez.
[Photo Credit] Mike Gomez of TheMustangNews.com
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