Bills in Virginia General Assembly Seek to Have Automakers Shield Auto Dealers from Financial Impact of Restructuring
Green Car Congress
FEBRUARY 13, 2009
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. Richmond Times-Dispatch. Section 5c.) Clifford L.
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