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The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
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The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.
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We have all heard the saying, “buyer beware,” but I’m here to say, “salesman beware,” because I can tell you, identity theft is not an opportunity to do business.
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NADA again urges the FTC to go back to the drawing board before forcing a series of unstudied and untested mandates lacking evidence that will have such significant negative impacts on customers.
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The Federal Trade Commission has proposed new regulations that target dealership ads and F&I practices.
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The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.
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General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.
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There are at least three reasons you need data when confronted with allegations of disparate impact.
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Compliant Summit was created to benefit the entire dealership, with specialty educational tracks dedicated to sales managers, F&I managers and compliance officers.
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New rule would negatively impact the used vehicle industry and its customers.
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Join Automotive Compliance Education, Aug. 7–9, for an agenda dedicated to increasing sales, F&I and efficiencies within the dealership, with an eye towards doing things compliantly.
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