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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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Dealers should take care to avoid practices that regulators could deem to be tricks or manipulation of consumers.
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New FTC measure meant to prevent scams against car buyers takes effect in July, but advocacy group says it will keep trying to stop it.
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Proposed rules would cost dealers money and consumers time, finds Center for Automotive Research.
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Unfair, deceptive or discriminatory behavior are among the agency's concerns.
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Informativ, which reflects company’s approach to comprehensive credit and compliance solutions, encompasses lead generation through vehicle sales.
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There are significant challenges and hurdles approaching for dealers and their vendor partners.
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Reynolds and Reynolds/Proton Dealership IT offer tools for compliance, security ahead of FTC Safeguards Rule deadline.
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NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.
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Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
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