VACC, along with its national body, the Motor Trades Association of Australia (MTAA), has welcomed the government's move to implement new regulations for new car franchised motor dealers from Monday, 1 June 2020.
Officially announced by the Minister for Industry, Science and Technology, Karen Andrews, the introduction of the reformed regulations for new car retailers aims to even the playing field between car manufacturers and franchise dealers, with the latter historically being left vulnerable to manufacturer demands.
VACC will remain in close contact with dealer members, in order to monitor the effectiveness of the new regulations and gather feedback. The Chamber, along with other peak industry bodies – including MTAA – will continue its dialogue with government, using its resources and research to provide valuable industry insight for consideration for the wider review of the Franchising Code of Conduct.
For more information
MTAA media release: MTAA welcomes the implementation of franchising reforms to better protect new car retailers and consumers