Author: admin
Almost all OEMs send periodic letters to their franchisees summarizing dealerships’ past sales and customer satisfaction performance. Depending on the manufacturer, these letters will often include notations regarding prior meetings with a dealer or discuss action items a dealer has stated it...
GM Dealer Alert – Option C Warranty Reimbursement Program Re-Enrollment
Written by admin on . Posted in Uncategorized.
On November 1, 2019, General Motors sent a Memorandum to dealers who are in their third year of the Option C Warranty Reimbursement Program. Attached to the Memorandum is a form allowing dealers to re-enroll in the Option C Warranty Reimbursement Program for an additional three-year...
California’s Warranty Reimbursement at Retail Legislation
Written by admin on . Posted in 2019, Legislation, Newsletter.
AB 179, California’s warranty reimbursement at retail legislation, was approved by the Governor on October 12, 2019. The approval of the legislation marks the end of a several year journey in which warranty reimbursement at retail legislation was being considered in California. AB 179’s passage...
Transaction Activity Still High
Written by admin on . Posted in 2019, Newsbrief, Newsletter.
This year has seen continued, brisk activity in the buy-sell market. Large and small automotive groups alike seem to be taking part in the flurry of transactions. This increased activity has led to longer turnaround times with almost all manufacturers, even on simple internal changes (e.g.,...
BSM Files Suit Against General Motors on Behalf of Rural Chevrolet Dealer
Written by admin on . Posted in 2019, Newsbrief, Newsletter.
BSM has been retained by Miller & Miller Chevrolet in Marianna, Florida, to bring a lawsuit against General Motors seeking damages resulting from a lack of adequate vehicle inventory. The dealership contends that despite repeated requests for certain model vehicles, General Motors starved...