A bill to protect franchised automobile dealers from unfair price discrimination in the sale by the manufacturer or importer of new motor vehicles, and for other purposes.
Amends the Automobile Dealers Day in Court Act to prohibit a manufacturer from selling, leasing, or offering to sell or lease any passenger car, truck, or stationwagon to any person (or any other dealer) at a price lower than the price at which the same model is sold to its franchised dealers. Prohibits a manufacturer from imposing restrictions on some purchasers of automobiles, but not others.
Requires that all rebates, discounts, refunds or other promotional inducement or benefit be provided to all ultimate purchasers of the same model of motor vehicle during the same period of time.
Establishes an exception to the Act for the sale of automobiles to Federal, State or local governmental units.
Applies this Act to importers of covered motor vehicles who import directly or through distributorships.
Allows an automobile dealer to recover reasonable attorneys fees resulting from an action under this Act.
Limits standing for a cause of action for termination of an agreement under this Act to dealers who comply with all reasonable provisions of the franchise agreement in question.
Field Hearings Held in Jackson, Mississippi.