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 Tagged as 'Uncategorized'
A Few Thoughts About Bill Heard
September 25th, 2008 · No Comments
Tags: Dealers in Trouble · Uncategorized
Illinois AG Sues Chicago Area Dealers for Deceptive Mailers
August 28th, 2008 · No Comments
Illinois Attorney General, Lisa Madigan, sued two Orland Park dealers under Illinois’ Consumer Fraud and Deceptive Business Practices Act, the Loan Advertising to Bankrupts Act, the Uniform Deceptive Trade Practices Act and the Illinois Administrative Rules on Motor Vehicle Advertising. The complaint is based on mailers sent out by Orland Park Nissan and Infinity of [...]
Tags: Advertising · State Attorney General Actions · Uncategorized
Kansas AG Sues Suzuki Dealer for “No Payment Ads”
August 20th, 2008 · No Comments
Kansas’ Attorney General filed suit against Chad Franklin Suzuki alleging that its ads violated the Kansas Consumer Protection Act. Chad Franklin Suzuki ran a $1.9 million dollar ad campaign that, according to the AG, promised consumers they could “drive a new Suzuki for life with no payments or drive a new Suzuki for a fixed [...]
Tags: Advertising · Dealers in Trouble · State Attorney General Actions · Uncategorized
What I Learned at the ABA Annual Meeting
August 14th, 2008 · No Comments
Last week I attended the American Bar Association’s annual meeting in New York. Here’s a summary of what I learned:
Wage and hour cases will continue to be an issue for dealerships. Plaintiffs’ attorneys love these cases because violations are easy to prove and they can get attorneys’ fees. One attorney bragged that a $600 case [...]
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