By Jeremiah M. Hawkes
After numerous legal challenges, dealer pushback, and disappointing sales Ford announced it was dropping its highly questionable Model e program, which imposed onerous requirements on dealers for chargers, training, demonstration vehicles and loaners. The program also...
A Different Twist on Direct Sales
Written by admin on . Posted in 2024, Franchise News.
Can Hyundai Sell Thru Amazon or Honda Thru Sony?
By Richard N. Sox
There have been a number of questions raised by Hyundai Motor America’s announcement that it is piloting a program for selling new Hyundai vehicles on the Amazon digital retail platform. Likewise, Honda dealers have...
Corporate Transparency Act – Required Federal Filings
Written by admin on . Posted in 2024, Compliance.
By Logan S. Parker
The Corporate Transparency Act (the “CTA”) became law on January 1, 2021. The CTA requires all business entities to electronically file a beneficial owners information report (a “BOI Report”) with the Financial Crimes Enforcement Network (“FinCEN”), unless an exemption...
Sales Performance Issues to be Presented by Richard Sox, Esq.
Written by admin on . Posted in 2024, Newsbrief.
In conjunction with the Greater New York Automobile Dealers Association, BSM Shareholder, Richard Sox, will present an April webinar on sales performance issues. Mr. Sox will be discussing the renewed frequency of OEM sending sales performance deficiency letters and reports to dealers. The...
BSM Attorneys Participating in Florida Automobile Dealer Association Roadshows
Written by admin on . Posted in 2024, Newsbrief.
BSM Shareholders, Richard Sox and Jason Allen, along with BSM Partner, Nick Bader, are participating in FADA’s Roadshows across the State of Florida in April and May. These Roadshows provide dealer personnel with valuable information related to the latest manufacturer-franchise issues,...