Virginia law prohibits motor vehicle manufacturers, distributors, or their subsidiaries from owning or operating dealerships in the state, with certain exceptions. These exceptions include temporary operations during transitions, ownership during sales under bona fide contracts, and dealerships operated by manufacturers for at least three years prior to July 1, 1972, if no independent dealer exists. The law aims to prevent undue control of dealerships by manufacturers while allowing limited, specific circumstances.
No, Virginia law generally prohibits manufacturers from owning or operating dealerships, with some exceptions such as transitional periods or dealerships owned before 1972.
Yes, manufacturers can temporarily operate a dealership during a transition period not exceeding one year, or if they owned the dealership before July 1, 1972, and certain conditions are met.
Exceptions include temporary operation during transitions, ownership during sale under a bona fide contract, and dealerships operated by manufacturers for at least three years before July 1, 1972, with no independent dealer involved.
It limits manufacturers from directly owning or controlling dealerships, promoting independent dealership ownership, but allows specific transitional or historical ownership scenarios.