In our latest video in the automotive series, Sotheary Bryant and Michele Harrick and discuss the key outcomes and learnings from the 2023 review of the Franchising Code of Conduct and the recent announcement from the Federal Government about the introduction of the New Vehicle Efficiency Standard (NVES).

In particular, we discuss the key issues raised by peak bodies – MTAA and AADA – that were not addressed by Dr Michael Schaper’s Report, including:

• The lack of protections for dealers about the tenure of their dealer agreements
• The broadening of Unfair Contract Terms (UCT) regime for dealers

We also cover:

• The impact of the proposed New Vehicle Efficiency Standard (NVES)
• What dealers can do to prepare for the next 3-5 years