Remove Auto Remove Dealers Remove Legal
article thumbnail

Bills in Virginia General Assembly Seek to Have Automakers Shield Auto Dealers from Financial Impact of Restructuring

Green Car Congress

A bill currently in the Virginia Senate ( SB 1410 ) would require manufacturers that stop producing a line of cars to buy back unsold cars from dealers, pay up to three years’ rent on the dealership and pay fair market value of the franchise up to its value two years ago. R-Warren, a lawyer who represents car dealers. Section 5c.)

Virginia 150
article thumbnail

Karma using independent dealers and company centers for launch or Revero plug-in hybrid

Green Car Congress

Karma Automotive’s planned distribution strategy will use both independent dealers and also company owned brand-experience centers to sell and service the new high-end Revero plug-in hybrid. The company said it has been curating best-in-class dealers in key markets in preparation for the Revero going on sale later this year.

Karma 150
article thumbnail

Where Can Tesla Legally Sell Cars Directly To You? State-By-State Map

Green Car Reports

Every month, and often more frequently, a new story appears about the state-by-state battle between Tesla Motors and auto-dealer lobbyists. In some states, Tesla is permitted to sell its electric cars online, deliver them to customers, and open as many Tesla Store showrooms as it wants.

Legal 167
article thumbnail

Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. 17 Group models already meet the updated legal requirements set by the Chinese authorities to qualify as “especially energy-efficient vehicles.”. earlier post ) and e-Golf ( earlier post ) models. —Martin Winterkorn. billion (US$25.1

2018 290
article thumbnail

Kia is Suing a Former Dealer for Shady Business Practices and Misrepresenting Sales

The Truth About Cars

Dan O’Brien auto group used to operate three Kia stores in New Hampshire and Massachusetts, but the automaker isn’t happy with how things ended. In early May, it filed a lawsuit against the dealer , claiming racketeering, fraud, and stealing hundreds of thousands of dollars in incentives.

Dealers 103
article thumbnail

CDK Accused of Dealer Monopolization, Rival Tekion Launches Lawsuit

The Truth About Cars

If true, the broader ramifications of this would be that CDK Global had intentionally forced retailers to pay higher prices while keeping useful information from them likely resulting in those costs trickling down to consumers while ensuring it maintained the lions share of the dealer services market. CDK's technology is outdated.

Dealers 109
article thumbnail

Dealer Groups are Up In Arms About Potential for Scout and Sony Afeela to Sell Cars Directly to Buyers

The Truth About Cars

Dealers are often the first group to sound concerns when something changes in the auto industry, whether they’re justified in their complaints or not. The group placed an ad in the April 15 issue of Automotive News and has collected support from all 50 state and 21 metro-area dealer associations.

Dealers 103