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Document Preview Orlando Region Ford Sales and Service Agreement Ford Sales and Service Agreement |
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Title: |
Orlando Region Ford Sales and Service Agreement Ford Sales and Service Agreement |
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Entities: |
Asbury Automotive Group, Inc.; Ford Motor Co.; Asbury Automotive Group Inc |
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Date: |
2001 |
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Size: |
Preview shows 4KB of 20KB total |
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Price: |
$36 |
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ID: |
#122268 |
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FORD MOTOR COMPANY
Orlando Region
FORD SALES AND SERVICE AGREEMENT
AGREEMENT made as of the 13th day of June, 2000, by and between AF Motors L.L.C.
Limited Liability Company, a Delaware corporation doing business as Deland Ford
and with a principal place of business at 2655 N. Volusia Avenue, Orange City,
Volusia, Florida 32763 (hereafter called the "Dealer") and Ford Motor Company, a
Delaware corporation with its principal place of business at Dearborn, Michigan
(hereinafter called the "Company").
PREAMBLE
The purpose of this agreement is to (i) establish the Dealer as an authorized
dealer in COMPANY PRODUCTS including VEHICLES (as herein defined), (ii) set
forth the respective responsibilities of the Company in producing and selling
those products to the Dealer and of the Dealer in reselling and providing
service for them and (iii) recognize the interdependence of both parties in
achieving their mutual objectives of satisfactory sales, service and profits by
continuing to develop and retain a broad base of satisfied owners of COMPANY
PRODUCTS.
In entering into this agreement, the Company and the Dealer recognize
that the success of the Company and of each of its authorized dealers depends
largely on the reputation and competitiveness of COMPANY PRODUCTS and dealers'
services, and on how well each fulfills its responsibilities under this
agreement.
It is the opinion of the Company that sales and service of COMPANY
PRODUCTS usually can best be provided to the public through a system of
independent franchised dealers, with each dealer fulfilling its responsibilities
in a given locality from properly located, adequate, well-equipped and
attractive dealerships, which are staffed by competent personnel and provided
with the necessary working capital. The Dealer recognizes that, in such a
franchise system, the Company must plan for the establishment and maintenance of
the numbers, locations and sizes of dealers necessary for satisfactory and
proper sales and service representation in each market area as it exists and as
it develops and changes. At the same time, the Company endeavors to provide each
of its dealers with a reasonable profit opportunity based on the potential for
sales and service of COMPANY PRODUCTS within its locality.
The Company endeavors to make available to its dealers a variety of
quality products, responsive to broad wants and needs of the buying public,
which are attractively styled, of sound engineering design and produced on a
timely basis at competitive prices. The development, production and sale of such
products require that the Company and its manufacturing sources make large
continuing investments in plants, equipment, tools and other facilities,
engineering and styling research and development, quality control procedures,
trained personnel and marketing programs. Heavy commitments must also be made in
advance for raw materials and finished parts. For purposes of making these
investments and commitments, planning production and estimating costs for
setting prices, the Company assumes in advance an estimated volume of sales for
each of its products. Within each year, it develops production schedules from
orders submitted by its franchised dealers and its and their best estimates of
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