New Legislation Regarding Damage Disclosure to Motor Vehicles

KY LEGISLATIVE UPDATE To All Dealers: KADA priority issue (HB 294) on damage disclosure, is scheduled to be heard by the House Transportation Committee on Tuesday, February 21st.  (See details below) Please contact your state legislators and ask them to co-sponsor/support this bill. You can find your legislator by going to the link below: http://legislature.ky.gov/

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Employee Embezzlement: A Fox Guarding the Henhouse

A Fox Guarding the Henhouse: A story broke today where a long time bookkeeper employee for a small business was arrested for embezzling over $1,000,000 from the company. The employee was considered “family” by the company. The moral of the story is this. Require two signatures for all checks Require your bookkeeper to take at

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Hyundai Workers on Strike

Hyundai Korea Workers have  gone on strike again. This could have a huge impact on inventory that American dealers will have to offer their customers. Automotive News reports that some of Hyundai’s most popular models could be in short supply as a result of the strike.  Dealers should keep this in mind in their advertising strategies as

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Arbitration Agreements: To Use or Not to Use

Arbitration Agreements: I have spoken at length with many auto dealers regarding the use of arbitration agreements as part of the sales or leasing transaction with a customer. The question they all ask is, whether or not they should use them. My answer is, and always will be, YES!!!! I have personally represented clients that

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Volkswagen Recall

Volkswagen agreed to a $14.7 billion dollar settlement  to emissions cheating scandal: Volkswagen Recall: The settlement is only a preliminary step in the case; the automaker still faces possible criminal charges, as well as civil penalties for Clean Air Act violations. The Department of Justice is investigating possible criminal charges against both the company and

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