WSJ: ‘Berkshire’ Dealerships Broke Texas Law

Berkshire Hathaway Inc.’s auto dealerships and recreational vehicle manufacturer have violated Texas regulations and should lose their licenses, the enforcement division of the state’s Department of Motor Vehicles determined. As reported by the Wall Street Journal, Texas law prohibits auto dealerships and vehicle manufacturers from sharing ownership. Warren Buffett’s firm, Berkshire, owns both Texas-based Berkshire […]