Considerations for Equity Based Compensation to Management
By: C. Lee Lovett In today’s market environment that sees high inflationary pressure paired with a competitive labor market, dealers have been evaluating the ways to attract and
The Territories They Are A-Changin’
By: W. Kirby Bissell As many dealers are already aware, manufacturers are in the process of updating dealers’ areas of primary responsibility to conform to the 2020 Census result
Continuing to Diligently Request Allocation of Vehicles
By: Micah A. Andrews & Jason T. Allen As dealers are well aware, there has been limited product availability across almost the entire automotive industry for multiple years. Pr
INFLATION REDUCTION ACT LIKELY IMPACTS AVAILABILITY OF EV TAX CREDITS
By: Andrew G. Thomas and Richard N. Sox As you may or may not know, the Inflation Reduction Act was signed into law by the President on August 16, 2022. This Act is largely targete
Telephone Consumer Protection Act
By: Danielle M. Roth Per the Federal Communications Commission (FCC), dealership business development centers (BDC) are considered telemarketers.1 In an effort to address a growing
SBA PPP Loan Forgiveness Appeals
By: Andrew G. Thomas As many of you may be aware, the Small Business Administration (“SBA”) has been issuing decisions on Paycheck Protection Program (“PPP”) loans, with ma
Preparation for a Franchise Motor Vehicle Dealership Sale
By Robert A. Bass Over the last year, the selling and buying of franchised motor vehicle dealerships has been robust. While indicators point to and continue to suggest a sellerR
FORD SEPARATES ITS LEGACY AND EV BUSINESSES
By: Andrew G. Thomas Ford recently announced that it is creating a separate company for its EVs. But for dealers, this exciting news is tempered by potential concerns. Will Ford’
Diligently Responding to OEM Deficiency/Poor Performance Claims
By Micah A. Andrews As a regular practice, OEMs commonly calendar and send letters to franchisees summarizing the dealership’s past sales, service, and customer satisfactio
Mercedes-Benz Issuing Framework Agreements to Smaller Dealership Groups
It appears that Mercedes-Benz may be issuing new framework agreements to dealer organizations which have not previously been asked to agree to framework terms. These agreements hav