Modifies provisions relating to franchisor's warranty duties to franchisees

This bill changes how car manufacturers (franchisors) pay dealerships (franchisees) for warranty and recall repairs. It removes language about specific compensation schedules and instead states that compensation for parts and labor must be "reasonable," with the primary factor being what the dealership charges retail customers for similar non-warranty work. The bill also sets new rules for how dealerships can determine their labor rates for warranty work and limits how long franchisors have to audit claims.

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