Tesla will open more Tesla stores in New York after pact
Source: Bloomberg
Tesla Motors Inc. and New York auto dealer lobbying groups reached an agreement that allows the electric-car maker to keep its five company-owned stores in the state and add others, Governor Andrew Cuomo announced today.
Todays agreement reaffirms New Yorks long-standing commitment to the dealer franchise system, while making sure New York remains a leader in spurring innovative businesses and encouraging zero emissions vehicle sales, Cuomo said in the statement. Legislation in New York will be introduced in the near future to implement the agreement, said Cuomo, a 56-year-old Democrat. The statement didnt say how many other stores would be added.
The New York agreement comes less than two weeks after New Jersey Governor Chris Christie barred Tesla from selling cars directly to consumers at its two stores in that state. Tesla has said its locations at the Garden State Plaza in Paramus and the Mall at Short Hills in Millburn will become galleries on April 1, when the ban takes effect.
Tesla is battling dealers state by state for the right to sell its cars directly to consumers. Ohio, New York, Maryland and other states have tried to block the company, and retailers in Texas successfully backed the nations toughest restrictions.
Read more: http://mobile.bloomberg.com/news/2014-03-28/tesla-will-open-more-tesla-stores-in-new-york-after-pact.html
MindMover
(5,016 posts)SoapBox
(18,791 posts)Monopolies...that's what happened.
Stuart G
(38,421 posts)tomm2thumbs
(13,297 posts)Last edited Fri Mar 28, 2014, 08:25 PM - Edit history (1)
whooops
** was corrected... NY would benefit from NY employees & business taxes for the dealerships, and associated revenues from visitors from NJ, but registration car location is where the sales tax goes **
In_The_Wind
(72,300 posts)thesquanderer
(11,986 posts)Sales tax applies in the state in which you register the car, not the state you purchase it in.
tomm2thumbs
(13,297 posts)You are absolutely correct about the registration issue
longship
(40,416 posts)So our major profit center, our service department, will be undermined if cars are sold that don't need all those services. And all those mandatory inspections to maintain warranty! The timing belts! Fuel injectors! Valve adjustments! We'll go broke without them!
That's what this is about.
MindMover
(5,016 posts)father founding
(619 posts)Time to admit the oil burners are history. We seemed to survive the loss of revenue from buggy whips and hitching posts.