Forty states now have legislation requiring manufacturers to reimburse dealers at retail rates for both parts and labor. Some laws are stronger than others, and no two states have identical statutes. None of these laws are self-effectuating, meaning the law itself does not entitle the dealer to retail reimbursement; you must perform a submission to […]
As a dealer, you should ask yourself 3 basic questions in regards to your annual warranty labor rate increase: 1. Do I have my annual warranty labor rate anniversary date recorded, and do I have a process in place to make adjustments prior to it, in case I don’t have adequate data to support an […]
The factory-dealer relationship is anything but a level playing field, and unfortunately the behaviors of some manufacturers have necessitated state laws to protect dealers. These laws cover a myriad of issues, but one that is critical to your bottom line exists in 40 states, with more on the way. For years most dealers have submitted […]
Opening Remarks To begin with, the opening remarks of the chairwoman of the Federal Trade Commission, Edith Ramirez, set the tone for the sessions to follow by discussing the FTC’s involvement in the earliest days of the domestic auto industry. She discussed a major report of more than 1,000 pages produced for Congress in 1939, […]
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