Porsche canceled contracts with all of its vehicle dealers in Europe

Article by Christian A., on June 22, 2011

Porsche has canceled contracts with all of its vehicle dealers in Europe, right before the debut of new EU rules regarding vehicle retailing.

Head of marketing and sales at Porsche, Bernhard Maier, informed Automotive News Europe that the company has informed its importers last April that it will implement new agreements for the approximately 300 European dealers in July 2013 in order to prepare for the change in the basic legal conditions.

The current regulations on vehicle block exemption will expire in May 2013. At that time, a new cross-industry vertical block exemption will be launched.

Maier said that Porsche's retail network will not be disrupted by this change, as the existing contracts are being canceled at the end of June 2011, which provides a 24-month notice to the dealers. To ensure continuity in the network, however, the company is giving out new agreements to its sales partners, Maier said.

He added that the company is also taking the opportunity to "fundamentally rework the contract agreement." These days, there remains a special contract with its own enclosures for each of the company’s model line, Maier revealed. He continued that in the future, there will only be one dealer contract, which is leaner and more updated, for all of its product lines.

Maier further disclosed that all the points in the industry association ACEA's Code of Good Practice are considered in the new contracts.

As a small automaker in the past, Porsche benefited from the so-called "De Minimis" rule. This will change with the new block exemption. According to Maier, the company can incorporate the new regulations over the long term.

Topics: porsche, europe, dealer

If you liked the article, share on:

Comments

Recommended

We first heard of the fifth generation SEAT Ibiza earlier this year, and last week, the company finally revealed the all-new Ibiza at the international launch in Barcelona. The new...
by - May 22, 2017
The aftermath of the Takata airbag recall still largely resounds in the automotive industry, as big automotive companies like BMW, Mazda, Subaru and Toyota were extensively hit with what is...
by - May 22, 2017
Amid reports that major rival Volkswagen would cease producing 2016 and 2017 model year diesel cars following the wake of the "Dieselgate" scandal, it’s believed that Chevrolet sees its opportunity...
by - May 22, 2017
Honda recently whips out a new feature for the S660 Bruno Leather Edition. Any guesses? Well, it’s going to be an iPhone app that goes by the name Rev Beat....
by - May 22, 2017
And so it goes, Ford is not at all closing its doors to an all-electric F-150 pickup. The American manufacturer initially laid out its plans for an F-150 hybrid earlier...
by - May 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries