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FTC Sends Nearly $1.5 Million to Victims of Bronx Honda’s Illegal Financing and Sales Practices
Auto Dealer Group to Cease Business Operations As Part of FTC Settlement
FTC Adds Charges Against Auto Marketer For Deceptive “Prize” Mailers
FTC Announces Staff Reports on Car Buying and Financing Experience, Results of Auto Buyers Study
Buckle Up: Navigating Auto Sales and Financing
Marketer Used Deceptive COVID-19 Stimulus Mailers To Lure Consumers to Used Car Sales, FTC Alleges
Traffic Jam Events, LLC
The Federal Trade Commission took action to halt a scheme that allegedly deceived consumers with mailers supposedly directing them how to obtain federal COVID-19 stimulus benefits, which instead lured them to a used car sale.
The mailers sent by Traffic Jam Events, LLC and its owner, David J. Jeansonne II, were labeled “IMPORTANT COVID-19 STIMULUS DOCUMENTS” and directed consumers to “relief headquarters” to “claim these stimulus incentives,” the FTC alleged in its lawsuit against the company and Jeansonne.
Statement of Commissioner Rebecca Kelly Slaughter in the Matter of Liberty Chevrolet, Inc. d/b/a Bronx Honda
Statement of Commissioner Rohit Chopra In the Matter of Liberty Chevrolet, Inc. d/b/a Bronx Honda
Auto Dealership Bronx Honda, General Manager to Pay $1.5 Million to Settle FTC Charges They Discriminated Against African-American, Hispanic Car Buyers
Agency Information Collection Activities; Submission for OMB Review; Comment Request (Dispute Settlement Rule)
Bronx Honda
New York City car dealer Bronx Honda and its general manager, Carlo Fittanto, will pay $1.5 million to settle Federal Trade Commission charges they discriminated against African-American and Hispanic car buyers and engaged in numerous other illegal business practices.
According to the FTC’s complaint, the defendants told sales people to charge higher financing markups and fees to African-American and Hispanic customers. The defendants told employees that these groups should be targeted due to their limited education, and not to attempt the same practices with non-Hispanic white consumers. According to the complaint, African-American and Hispanic customers paid more for financing than similarly situated non-Hispanic white consumers.
FTC Approves Final Consent Order against Federal-Mogul Motorparts LLC Related to Performance Claims for Its Wagner OEX Brake Pads
Federal-Mogul Motorparts LLC: In the Matter of
In March 2020, Michigan-based Federal-Mogul Motorparts LLC (Federal-Mogul) agreed to settle an FTC administrative complaint alleging that it made unsubstantiated claims that its aftermarket Wagner OEX brake pads could stop a vehicle in a shorter distance in an emergency and reduce the risk of collisions, as compared to competitors’ brake pads. The proposed order resolving the FTC’s complaint prohibits Federal-Mogul from making such claims in the future, unless they are true and supported by competent and reliable scientific evidence.
FTC Acts to Stop False and Unsubstantiated Claims for Wagner OEX Brake Pads
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension (Dispute Settlement Rule)
Displaying 61 - 80 of 383