The introduced bill would let a vehicle maker run a dealership through a wholly owned company if it has no independent franchise dealers in New Mexico.
A manufacturer could run a dealership and provide service through a wholly owned company if it has no independent franchise dealers in New Mexico and handles only its own vehicle line.
A manufacturer may be licensed as a dealer and provide warranty and other service through a wholly owned company. This provision concerns motor vehicle manufacturers seeking to operate as dealers in New Mexico. The manufacturer must have no independent franchise dealers in New Mexico. It may sell and service only the vehicle line it makes.
No hearings or votes scheduled.