Volkswagen dealers recently received The Battery Electric Vehicle Distribution Terms and Conditions Agreement (“BEV Agreement”) which is purported to be required before receiving Volkswagen’s new electric vehicle models. Likewise, GMC and Chevrolet dealers have received GM’s Electric Models...
COVID-19 Related Factory Shutdowns Adversely Impact Vehicle Allocation
Written by admin on . Posted in 2020, COVID-19 Related Articles and Resources, Franchise News, Newsletter.
The ongoing COVID-19 pandemic has impacted, rather severely, the OEM’s ability to turn out new product. Shortly after the pandemic hit, plants were limited and/or closed, and new motor vehicle production ground to a halt. The downstream impacts to dealers may have been minimal at the...
Thinking About Passing Along Your New Vehicle Franchise to a Family Member Upon Retirement? … It May Not be Quite so Easy
Written by admin on . Posted in 2019, Franchise News, Newsletter.
Most dealers assume that when it comes time to retire from the dealer owner-operator position you will be able to designate a family member as your replacement. Increasingly, the manufacturers are refusing to honor a dealer’s designated replacement. These manufacturers, General Motors being one...
The Importance of Responding to Manufacturer Performance Letters
Written by admin on . Posted in 2019, Franchise News, Newsletter.
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...
Responding to Audit Notices
Written by admin on . Posted in 2019, Franchise News, Uncategorized.
I wrote about manufacturer audit activity earlier this year, because there appeared to be an uptick in activity levels and there can be serious consequences depending on the findings of the audit. That activity has continued, and I will address some of the same considerations when an audit...