AutoNews reports this morning that Group 1 is suing DaimlerChrysler for using coercive tactics when Group 1 tried to switch their $300 million floor plan from DaimlerChrysler to JP Morgan. 

I am not a big fan of large dealer groups taking manufacturers to court over grievances.  Because you may "win the battle but lose the war."  Meaning your relationship with the manufacturer is so soured after the court case, that even if you win the ruling, your ability to acquire other brands and get awarded new "add points" is hindered. 

So even if Group 1 is completely in the right, I think shareholders need to realize that this is a negative (in terms of the implications for G ...

To view the entire article:

• Click here to subscribe to everything for $400.00.

• OR click here just to purchase access to this article for $5.00.

Related Companies: DaimlerChrysler
Group 1 Automotive