Governor Maggie Hassan signed a bill into law today that gives New Hampshire auto equipment dealers new protections in their contracts with vehicle manufacturers.
The new law makes it harder for manufacturers to close down dealerships, and increases dealers’ reimbursements for warranty repairs. It also limits required building renovations to every 15 years.
The biggest victors may be the state’s farm equipment dealers, who were not included in the state’s previous auto dealers bill of rights.
Ted Frost with Frost Farm Service in Greenville says manufacturer demands have left his business getting by on a shoestring budget for years.
This is going to change things for us now, hopefully it’ll turn things around so we can make money and hire more people,
Frost says he’s been waiting for this bill for five years.
The bill passed both chambers easily.
The New Hampshire Auto Dealers Association presented Governor Hassan with a pen in the shape of a matchbox car, to sign the bill.