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Looking Back at 2020 and Expectations for 2021

Date08 Jan 2021

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Categories2020, 2021, Newsbrief, Newsletter

As we begin the New Year, the team at BSM looks back at 2020 and forward to 2021 for what we might expect as dealer advocates this year. 2020 Review Just when 2020 was getting off to a good start, the entire...

Avoid DHSMV Administrative Complaints for Dealer Titling Violation

Date23 Dec 2020

Posted ByBass Sox Mercer

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Categories2020, Compliance, Newsletter

In early 2020 the Florida Department of Highway Safety and Motor Vehicles (“DHSMV”) served Administrative Complaints against multiple motor vehicle dealerships related to alleged untimely submission of titling paperwork resulting from a motor vehicle transaction. As most dealers are aware, Florida law...

Employee Handbooks…Not Just an Afterthought

Date23 Dec 2020

Posted ByBass Sox Mercer

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Categories2020, Compliance, Newsletter

When was last time your dealership looked at its employee handbook? And, no, we are not talking about when your sales manager last printed it to provide to a new salesperson. Employee handbooks are a dealership’s employment policy manual and much like...

Transaction Activity Rebounded

Date23 Dec 2020

Posted ByBass Sox Mercer

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Categories2020, Newsbrief, Newsletter

2019 was an impressive year for the buy-sell market, and the start of 2020 appeared to continue the trend. January and February, which are normally slow months, saw unusually high buy-sell activity. But, by the start of March, the buy-sell market came...

INCENTIVE AND WARRANTY AUDITS – KNOW YOUR RIGHTS

Date23 Dec 2020

Posted ByBass Sox Mercer

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Categories2020, Franchise News, Newsletter

I. Background Manufacturer letters providing notice that a dealership has been selected as an eligible candidate for an incentive or warranty audit are critically important and should never be taken for granted. An audit may be the prelude for other plans a...

Several Dealer Associations Focused on OEM Distribution of Electric Vehicles

Date23 Sep 2020

Posted ByBass Sox Mercer

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Categories2020, Newsbrief, Newsletter

BSM has been asked by several Dealer Associations to examine whether the OEM plans for distribution of Electric Vehicles runs afoul of existing franchise protections. In particular, dealers and their state and metro associations have expressed concern with the electric vehicle ordering...

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