¨ Restore the protections of State Motor Vehicle Franchise Laws to General Motors and Chrysler dealers as they existed prior to each company’s bankruptcy;
¨ Preserve General Motors and Chrysler car dealers rights to recourse under State laws;
¨ Make clear that the legislation is not intended to void the court order to transfer of assets from Chrysler to new Chrysler or General Motors assets that could be approved by the court after the introduction of the act.
NJ CAR has learned that automakers are actively lobbying against this legislation, and even have sought to enlist the help of dealers who have not been terminated to lobby against the legislation. NJ CAR has reached out to Chrysler and GM dealers and urged them to stick together and recognize that this legislation offers more protection to dealers going forward than it does even to those who have been terminated.