After the earlier reports that GMAC had pulled Bill Heard’s floorplan financing, it was not a huge surprise to learn that his stores closed their doors yesterday. But watching interviews of some of his technicians on the news last night brought home the reality of 2700 people suddenly losing their jobs. Looking at those technicians [...]
Entries from September 2008
A Few Thoughts About Bill Heard
September 25th, 2008 · No Comments
Tags: Dealers in Trouble · Uncategorized
Automotive News Reports Rash of Doc Fees Suits in Missouri
September 8th, 2008 · No Comments
The Automotive News reported today that more than 50 dealerships in Missouri have been sued for charging doc fees. The theory of the case is that the collection of doc fees constitutes the illegal practice of law. The suits, which could take years to decide, could result in refunds of doc fees for up to [...]
Tags: Doc Fees
Carl Gregory GM Busted on Felony Theft Charges
September 6th, 2008 · No Comments
The general manager of Carl Gregory Chrysler, Dodge, Jeep, Hyundai of Albany, Georgia was arrested on charges that he stole up to $9000 from customers. The sheriff’s office claim that general manager, Joseph Martin, and “top salesman,” Mark “Bo” Kennedy, worked together to steal money from customers. Allegedly, the pair revised customers’ paperwork in order to scoop [...]
Tags: Dealers in Trouble · Embezzlement
Ninth Circuit Decides that Selling Car on eBay Does Not Support Long-Arm Jurisdiction
September 1st, 2008 · No Comments
The United State Court of Appeals for the Ninth Circuit addressed a novel issue for the circuit courts in Boschetto v. Hansing, No. 06-16595 (9th Cir. Aug. 20, 2008). That is, “[d]oes the sale of an item via the eBay Internet auction site provide sufficient “minimum contacts” to support personal jurisdiction over a nonresident defendant [...]
Tags: Long-Arm Jurisdiction