Dykes aims to revive group after deal with Ford Credit

Rick Dykes, a principal of the disgraced Texas dealership group Reagor Dykes, has agreed to a $58.7 million consent judgment in a civil suit Ford Motor Credit Co. filed against Dykes and co-principal Bart Reagor. Judge Sam Cummings of the U.S. District Court for the Northern District of Texas signed the agreement last week.