Illinois HB5197 amends the Motor Vehicle Franchise Act to regulate the relationship between motor vehicle manufacturers and dealers, including.
Illinois HB5197 amends the Motor Vehicle Franchise Act to establish regulations on the relationship between motor vehicle manufacturers and dealers. It prohibits manufacturers from engaging in unfair business practices, such as coercing dealers to accept certain terms or conditions. The bill also mandates that manufacturers compensate dealers for labor and parts related to warranty repairs and recalls. It outlines procedures for dealers to protest against the cancellation, termination, or nonrenewal of their franchise agreements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.