Dealer Statutes: What’s Most Important?
Written by: James Waite, Esq. and Rene Del Barco
Dealer Articles
Volvo CE Net Sales Drop 34% in North America for 3Q
Volvo CE reported a notable drop in North America net sales and net order intake for its third quarter of 2024. Sales in North America for the quarter came in at $476 million, down 34% from the $726 million Volvo saw in last year’s third quarter.
Lessons Learned from a Class Action Suit on Damage Waiver
This class action lawsuit filed against Hertz Equipment Rental is good reason to revisit your policy on damage waivers. Whether to offer a damage waiver remains one of the most hotly debated issues in the equipment rental industry. Comments range from: “It has no
The State of the Equipment Industry – IEDA Presentation 2023
James Waite presents on The State of the Equipment Industry from an economic outlook and how to better prepare for what is to come.
The Case for a Bill of Sale
Question: I sell new and used equipment. I usually don’t have buyers sign a separate contract or bill of sale because I have a provision in my rental contract that I believe covers sales. Is that enough or is there some reason I need
Buying Assets or Equity
Question: I’m considering buying a competing equipment dealership. I’m being told that I should buy the assets rather than the equity of the target business because, if I do that, my company won’t assume any of the seller’s liabilities. Is that true? Answer: For most business