Business
Senate inquiry into car dealerships prompts overhaul of franchising rules – ABC News
A Senate inquiry finds there is an inherent power imbalance between car dealers and manufacturers in Australia. For the owners of Astoria Motors, that finding is…
A Senate inquiry has found there is an inherent power imbalance between car dealers and manufacturers in Australia.
Key points:
- The federal government plans to increase fines for breaches of the franchising code to $10 million
- A Senate committee has been critical of the government’s reforms in the sector
- Car dealers fear they will miss out on the new legal protections
For the owners of Astoria Motors, that finding is nothing new.
The Honda dealership in Melbourne was once one of the company’s most…
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