Rest in Peace? – Inadequate succession planning could equal strife rather than success for the next generation in the dealer market.
By: Denise Branch The franchise dealer market is no doubt generational. Many dealerships are now on at least their second generation of ownership with the next generation poi
Buy-Sell Activity Slows in 1st and 2nd Quarters
By: Logan Parker After several years of record high dealership transaction activity, the pace of new transactions coming through our door has slowed during the first two quarters o
Honda and Mercedes-Benz Potentially Violating State Warranty Reimbursement ProvisionsÂ
American Honda Motor Company has a policy that if a dealership’s 12 month average gross profit as a percentage of warranty sales is above 80%, it may not seek a warranty labor ra
GM Proposes New Dealer Sales and Service Agreement
General Motors has proposed a new Dealer Sales and Service Agreement to take the place of the current Agreement which expires on October 31, 2025. There is one change in the
Florida Volkswagen and Audi Dealers Challenge VW Scout
BSM is representing twenty-eight (28) Volkswagen and Audi dealers in Florida challenging Volkswagen Scout’s plans to sell vehicle direct to consumers. The lawsuit has been
BSM Represents 10 New York VW and Audi Dealers in Lawsuit Against VWoA
BSM has been retained by ten (10) Volkswagen and Audi dealers in New York to challenge Volkswagen of America’s response to New York’s new warranty time guide reimbursement law.
Jury Finds That Hyundai Failed to Fairly Allocate Vehicles
A federal jury in Florida found that Hyundai Motor America breached its Dealer Agreements, and the requirements of Florida law, to fairly and reasonably allocate new vehicles to Un
Preparing Your Dealership for Audits
By: Danielle Roth Though manufacturers have the right to audit your dealership’s incentive and warranty claims, most states have statutes that an OEM must follow when perfo
Optimize your revenue from reimbursed service work
By the team at Truist Dealer Services, with special contribution from Jason Allen, a shareholder at Bass Sox Mercer, Attorneys at Law. Dealerships often depend on healthy margins f
ID Please: Combating Identity Fraud in the Dealership
By Denise Branch In 2023, over 1 million identities were stolen or compromised in the United States resulting in losses of over 43 billion dollars nationwide. Losses resultin