franchises

Car dealership.
GM

 

Gov. Rick Snyder has signed a law that mandates all sales of Michigan vehicles to go through franchised dealers. It's seen as a direct shot at Tesla Motors, which wants to sell its electric cars directly to consumers. 

The governor's move is welcomed by mainline automakers and dealerships. Snyder says Michigan law already prohibited automakers from selling directly to consumers.

Michigan Radio's auto reporter, Tracy Samilton, explains that dealerships could argue that the current franchising system benefits the consumers because it creates tougher competition.

 

We turn now to an area of business that held strong in Michigan even in the darkest hours of the Great Recession.

Franchises. They create jobs faster than any other business sector. Even when the Great Recession slammed us in 2008, franchises kept on hiring. The pace may have slowed down a little, but the franchise hiring rate still topped the national rate of employment.

DBusiness is out with its 2013 "Michigan Franchise Report" and we wanted to find out their verdict on the franchise scene in Michigan.

DBusiness editor R.J. King joined us today.

Listen to the full interview above.

A recent report from Moody's suggests the future is very uncertain for public universities. Today we talked about the future of public universities in Michigan.

And, poet Keith Taylor stopped by the studios to introduce us to some Michigan must-reads for the month of October.

Also, despite our troubled economy, Michigan franchises are going strong. We spoke to DBusiness editor R.J. King about the 2013 Michigan Franchise Report.

First on the show, it’s Day Seven of the partial government shutdown.

U.S. Treasury Secretary Jack Lew is warning that lawmakers are “playing with fire” and he’s asking Congress to pass legislation to re-open the government, and to increase the nation’s debt limit.

Lew says President Obama has no intentions of linking either bill to Republican demands to change the health care law.

This comes as Republican House Speaker John Boehner rules out a House vote on a temporary spending bill without concessions from the President.

So, that’s where things stand as the government shutdown moves into its second week. Michigan Democratic Representative Dan Kildee joined us from D.C. to discuss the issue.