Monday, July 16, 2012

Time is Not on My Side

Contrary to that 60's Jerry Ragovoy song (performed by the Rolling Stones), as a General Motors dealer enrolled in EBE, time is not on my side.

This article in Automotive News only emphasizes that timetable for NADA's task force on facility issues and multi-tier pricing needs to be sooner rather than later with regard to the facilities issue.

While the article suggests that the Norman Braman suit could be a test case on the legality of manufacturer facility programs that reward participating dealerships with volume-based incentives, the issue will be settled for GM dealers long before this case comes to trial (if it ever does) 15 months from now. I assume General Motors knows that and is procrastinating the litigation of this issue as long as they can.

Meanwhile, the NADA task force needs to firmly apply the "pedal to the metal" as dealers are facing very difficult decisions on their facilities each day. They do not have time to wait for the outcome of Braman's suit.

(By the way, is Braman's real full name "Billionaire megadealer Norman Braman"? It seems that is the case if you were to read Automotive News. Just wondering...)

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