Reports of excessive inventory seem to be everywhere. Sales have slowed, but manufacturer output has not followed suit. This presents opportunities for dealers to acquire vehicles that are hot sellers, and to gain sales and profits. It also presents the
McNees Auto Dealer Law Blog
The McNees Auto Dealer Law Blog, published by McNees Wallace & Nurick LLC, focuses on legal issues affecting automotive dealerships. It covers topics such as regulatory compliance, consumer protection laws, franchise and dealer relations, and the impact of tax and estate planning on dealership ownership. The blog also addresses industry-specific challenges like online vehicle sales, pandemic-related market changes, and government programs affecting dealerships. It provides updates on relevant legislation, enforcement actions, and practical guidance for dealers navigating the complex legal landscape of automotive retailing.
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Uber joins the ranks of transportation industry giants wrestling with corruption issues
Corruption in the transportation industry has been a problem for many years. From Volkswagen’s diesel scandal, to the most recent investigation into illegal payments made by Fiat Chrysler to United Auto Workers’ former vice president, the auto industry has struggled…
Changes to Pennsylvania’s Storage Tank Program Raise Questions for Auto Dealerships and Service Centers
Auto dealerships and service centers often utilize storage tanks for fuel, waste oil, and wastewater oil-water separators. They should closely review and understand Pennsylvania’s regulation of aboveground and underground storage tanks, especially important changes issued in late December 2018. Many…
The Pitfalls of Misrepresentations in Financing Deals: It’s Not Just About Protecting the Little Guy
When we think of financing motor vehicles in the auto industry, our minds often draw to compliance with consumer protection laws and avoiding the attention of enforcement agencies on both the state and federal level—states’ attorneys general, the Federal Trade…
Who is Driving this? – The Platooning and Highly Automated Vehicles Act of 2018
By David Noll
Pennsylvania already counted itself as one of the more than 30 states with autonomous vehicle laws; however, the Platooning and Highly Automated Vehicles Act (the “Act”), signed into law by Governor Tom Wolf on October 24, 2018, provided a glimpse…
What happens to Great Aunt Edna’s Snap Account?: Estate Planning for Digital Assets
I don’t have a Great Aunt Edna and if I did, she probably wouldn’t have a Snap account but you, your parents and your children likely have Facebook accounts with cherished family photos and other digital memories. Our burgeoning online…
Where there’s a Will . . . You still need to check those beneficiary designations.
Just completed your estate planning? Let’s be sure. You have a Will? Super. Powers of Attorney? Terrific. Living Will? Excellent. Now, have you checked the designations on your retirement plan? Life insurance? Health Savings Accounts?
While a Will remains a…
Simultaneous Shift – CFPB and State Attorneys General?
With the current administration, we have continued to see an evolution of less enforcement at the Consumer Financial Protection Bureau. Cheers for this change should be kept in check because it may be causing state enforcement agencies to be more…
Changes to the Tax Code Impacting All Tax Partnerships
By Peter Kriete
New audit rules put into place by the Internal Revenue Service (the “IRS”) at the beginning of this year will have an impact on tax partnerships which may have significant ramifications for some dealers. Historically, many dealers put their dealership…
New Protections for Car and Truck Dealers in Pennsylvania
Governor Wolf recently signed Act 59 of 2018 which amends the Pennsylvania Board of Vehicles Act (“BOVA”). The amendments to BOVA are effective on August 27, 2018 and significantly enhance the protections provided to Pennsylvania new car and truck dealers.…