Forum Discussion
Huntindog
Jun 16, 2017Explorer
There may be some confusion to this story.
I read in the Wall Street journal that Berkshire (owner of F.R.) is in hot water in Texas. It seems there is a law there baring auto dealerships and manufacturers from sharing ownership.
Since Berkshire also owns some car dealerships, they are (according to the DMV) in violation.
Many states have similar laws, but they are more specific. For example: Chevrolet cannot both manufacture and operate dealerships in the same state... Obviously, DMV in Texas is taking advantage of a poorly written law to go after them. It is being contested in court. Hopefully either the court rules in Berkshires favor, or the legislature fixes the law, as there are many other similar situations that this law could then be applied to, if DMV prevails.
If DMV prevails, I could see something like F.R. pulling out of Texas happening.
I read in the Wall Street journal that Berkshire (owner of F.R.) is in hot water in Texas. It seems there is a law there baring auto dealerships and manufacturers from sharing ownership.
Since Berkshire also owns some car dealerships, they are (according to the DMV) in violation.
Many states have similar laws, but they are more specific. For example: Chevrolet cannot both manufacture and operate dealerships in the same state... Obviously, DMV in Texas is taking advantage of a poorly written law to go after them. It is being contested in court. Hopefully either the court rules in Berkshires favor, or the legislature fixes the law, as there are many other similar situations that this law could then be applied to, if DMV prevails.
If DMV prevails, I could see something like F.R. pulling out of Texas happening.
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