If the termination of the franchise is mutual between the manufacturer and the franchisee, submit a letter from the franchisee and the manufacturer to terminate that product line from a dealership.
If the termination is not mutual, the manufacturer must submit a letter that addresses the request for termination to MVD and contain the following:
- A statement of the franchisor’s intention to terminate, cancel or not renew the franchise
- The reasons for the termination, cancellation or nonrenewal
- The date on which the termination, cancellation or nonrenewal is effective