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GM’s 6/11 CYTD Dealer Retail Sales Performance Review

Don’t forget the lessons learned during dealer reinstatement arbitrations  General Motors has published dealers’ Retail Sales Performance Reviews for the calendar-year-to-date June, 2011. The report has also been posted on GM’s DART website. T
Dec 21, 2011

Image Facilities — If You Build It, Will They Come?

Before the credit crisis, many dealers felt an investment in real estate was relatively riskless. Retail real estate prices had steadily increased for years. Few considered the possibility of a national decline in real estate prices. Manufacturers to
Nov 22, 2011

General Motors’ Putting the Brakes on EBE Facility Requirements

It appears that all the push back from dealers has paid off. At the time I write this article, General Motors is issuing two-year extensions to the deadline for dealers to complete their Essential Brand Elements facility upgrades. It is not yet clear
Oct 31, 2011

Don’t Forget the Fixed Assets

A few times each year, I ask one of my law partners to prepare a guest article for this column. BSM partner, Robert Bass, has graciously provided an article addressing an important but often forgotten aspect of any franchise sale transaction – valu
Aug 1, 2011

STAR Standards Lighting the Way

I’m not a gambling man, but I bet if I asked 100 dealers on the street what they thought about STAR, the majority of them would think I was asking about science fiction, entertainment or even some sort of new hybrid. However, what I would really be
Jul 1, 2011

Should you Own your Dealership Real Estate? What is the Opportunity Cost?

Dealers often assume that dealership real estate is a good investment. In this low interest rate environment, why wouldn’t you buy your property, particularly if you have the capital for a down payment and can get financed? Commercial mortgage rate
Jul 1, 2011

At Least One Manufacturer is Demonstrating Honesty

I wrote in last month’s column that the expected limited availability of vehicles across all linemakes, and in particular Japanese manufacturers, was going to be serious concern on several fronts. At this writing, Toyota’s production is currently
Jul 1, 2011

No Appointment — No Retention — No Honey

So, I get a call from a good-sized import client I had restructured in service about ten years ago.  “Quick service is out of control…customer retention is down, the repair order count is behind year-to-date, cars are lined up–shop
Jun 6, 2011

New Manufacturer Policies Impacting Dealerships

Kia’s trained technician warranty reimbursement policy So one of your long-time, highly experienced Kia technicians has allowed some of his training to lapse, but he continues as usual to perform warranty repairs according to all Kia repair procedu
Jun 1, 2011