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NC car dealers set to close may get more leverage

NC car dealers set to close may get more leverage

RALEIGH, N.C. (AP) - North Carolina legislators want to give hometown auto dealers extra leverage as they fight efforts by General Motors and Chrysler to close and consolidate licensed car lots.


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RALEIGH, N.C. (AP) - North Carolina legislators want to give hometown auto dealers extra leverage as they fight efforts by General Motors and Chrysler to close and consolidate licensed car lots.

The Senate unanimously approved legislation on Friday that backers say will clarify laws governing how carmakers license motor vehicle dealers. The measure passed the House by a wide margin late Thursday.

The bill would give longtime dealers the right of first refusal for four years if GM, Chrysler or another company that succeeds a bankrupt manufacturer tries to give a license in the same market where a dealership had been closed.

The proposal now heads to Gov. Beverly Perdue's desk.

Copyright 2009 The Associated Press.

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