Tag: Automobiles

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The official version of the Federal Register Notice announcing the Commission’s final action with respect to its review of the Interpretations, Rules, and Guides under the Magnuson-Moss Warranty Act was published in the Federal Register on July 20, 2015.
There are three letters every auto dealer should know about. GTO? XKE? Good guesses, but not what we had in mind. We’re talking about GLB. The Gramm-Leach-Bliley Act requires financial institutions to give their customers initial and annual notices about their privacy policies. If...
Regency Financial Services, Inc., and its CEO Ivan Levy have agreed to a permanent ban on telemarketing and the advertising, marketing, or sale of any debt relief products or services to settle FTC charges that they falsely promised consumers auto loan modifications and refunds if they failed to...
They say what happens in Vegas stays in Vegas. But here’s one thing that doesn’t belong in Vegas or anywhere else: ads that draw buyers in with eye-catching terms while burying the “gotchas” in fine print. In separate law enforcement actions, the FTC alleged that two Las Vegas...
Dos concesionarios de carros de Las Vegas aceptaron resolver los cargos de la Comisión Federal de Comercio (FTC) por incurrir en el uso de anuncios engañosos para promocionar las ventas y operaciones de leasing de sus vehículos, que incluía publicitar carros a precios con grandes descuentos que...
Two auto dealers in Las Vegas agreed to settle Federal Trade Commission charges they used deceptive ads to promote the sale or leasing of their vehicles, including advertising heavily discounted prices that were not generally available to consumers.
The Federal Trade Commission has proposed an amendment to its rules under the Gramm-Leach-Bliley Act to allow auto dealers that finance car purchases or provide car leases to provide online updates to consumers about their privacy policies as opposed to sending yearly updates by mail.
The Buyers Guide on a used car can’t confirm whether the original owner was that little old lady who just drove to church, but it offers other important information about the scope of any warranty the car comes with. The FTC’s Used Car Rule requires dealers to display the Buyers...
Following a public comment period, the Federal Trade Commission approved final consent orders with two car title lenders that the FTC alleged failed to disclose important conditions and financing information about their title loans.
An Arkansas auto dealer and its owners have agreed to pay a $90,000 civil penalty to settle Federal Trade Commission charges that they failed to display a “Buyers Guide” on used vehicles offered for sale, as required by the FTC’s Used Car Rule.
Look at those lists of the most admired companies in America and what do you notice about them? Great products, for sure. But many also enjoy stellar reputations for service after the sale. When a buyer is confident you’ll stand by your product, you’ve probably created a customer for...
Following a public comment period, the Federal Trade Commission has approved final consent orders involving two auto dealers that deceptively advertised the sale, financing and leasing of their vehicles.
The Federal Trade Commission has completed its review of the Interpretations, Rules, and Guides under the Magnuson-Moss Warranty Act and will keep them in their present form, with certain changes to the Interpretations as set forth in a Federal Register Notice (FRN) to be published shortly.
Following a public comment period, the Federal Trade Commission approved a final consent order with a company that deceptively advertised its add-on biweekly auto payment plan. National Payment Network, Inc. (NPN) is required to issue $1.5 million in consumer refunds within 30 days of service of...
A fundamental principle of competition is that consumers – not regulation – should determine what they buy and how they buy it. Consumers may benefit from the ability to buy cars directly from manufacturers – whether they are shopping for luxury cars or economy vehicles. The same...
Federal Trade Commission staff has submitted comments to Michigan State Senator Darwin L. Booher in response to his request for a comment on the possible competitive effects of a legislative proposal creating an exception to current law that prohibits automobile manufacturers from selling new...
When it comes to car advertising, truth should be standard equipment. That’s the message of Operation Ruse Control, a coast-to-coast and cross-border sweep by the FTC and state, federal, and international law enforcers aimed at driving out deception in automobile ads, adds-ons,...

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