Porsche is terminating the contracts of its franchised dealer networks across Europe ahead of the 2013 change to Block Exemption.
Notice of termination is being issued this month, to allow Porsche to issue new franchise contracts in July 2013.
Bernhard Maier, head of marketing and sales, told Automotive News Europe the new contracts are to take account of the change in the legal conditions.
Maier said new contracts are being given to dealers, and he does not expect any upset in the retail network.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
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