Former Cadillac Dealer found dead by suicide

[XDCX]

News reports indicate that Timothy Martin was found dead and the coronor has determined the death is a suicide. Martin, 51, owned Martin Cadillac in Englewood Cliffs, NJ before it was closed down last year.

Here's the news report concerning Martin's passing - click here

Here's the news report concerning the closing of Martin Cadillac last year - click here

The reports indicate that Martin was at one time GM's #5 selling Cadillac Dealer in the nation earning fame for selling Escalades to stars like Beyonce, Jay-Z and Diddy.

The dealership filed bankruptcy last year with $45 Million in liabilities and $15 Million in assets.

I don't know the market and I don't know Mr. Martin but I hate to read about another story where a dealer commits suicide. It's another reminder about how tough and stressful the car business can be.