Tag: Automobiles

Displaying 1 - 20 of 218 results.


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People usually think of beacons as radiant lights that attract attention. But the FTC has charged that two Ohio auto dealers (among other things) used the word in a way that kept consumers in the dark.
Tricolor Auto Acceptance’s multi-hued name may be particularly appropriate. According to an FTC lawsuit, the company’s violations of the Fair Credit Reporting Act were enough to make consumers see red, feel blue, and perhaps lose some green in the process.
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 the...
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...

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Two Ohio auto dealers have agreed to settle Federal Trade Commission charges that they deceived consumers with advertisements that touted low monthly car lease payments but failed to disclose key terms of the offers.
Following a public comment period, the Federal Trade Commission has approved a final consent order against BMW of North America LLC, whose MINI Division allegedly violated the Magnuson-Moss Warranty Act by telling consumers that BMW would void their warranty unless they used MINI parts and MINI...
In testimony before Congress today, the Federal Trade Commission provided feedback on proposed legislation to address privacy and security concerns around the growth of so-called “connected cars.”
Following a public comment period, the Federal Trade Commission has approved final consent orders against two Las Vegas auto dealers that misrepresented the cost of cars in advertising. In June 2015, TC Leadership LP, doing business as Planet Hyundai, and JS Autoworld Inc., d/b/a Planet Nissan,...
A West Virginia auto dealer, Ramey Motors Inc., has agreed to pay a $80,000 civil penalty to settle a Federal Trade Commission lawsuit brought in 2014.
Loan-Servicing Arm of Tricolor Auto Failed to Maintain Policies and Procedures Required by FCRA’s Furnisher Rule to Maintain Accuracy, Integrity of Consumer Information
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.
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...
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.

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