Relating to service in connection with recalled motor vehicles.
Catchline/Summary:
Requires manufacturer to compensate manufacturer's franchisee for all labor and parts manufacturer requires franchisees to use to perform repairs on vehicles that are subject to recall. Requires manufacturer to compensate manufacturer's franchisee for all labor and parts manufacturer requires franchisees to use to perform repairs on vehicles that are subject to recall.
Requires manufacturer to compensate dealer at prorated rate of at least 1.5 percent of valuation of used vehicle that is subject to recall during each month in which dealer holds vehicle for sale while awaiting parts or remedy that is necessary to repair or service vehicle. Specifies conditions for compensation and period during which manufacturer is required to pay compensation.
Prohibits manufacturer from reducing compensation that manufacturer owes to franchisee solely because franchisee submitted claim for or received compensation under Act.
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SB 980
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