Recent FTC Cases Against Auto Dealers Suggest Regulators Are Keeping Foot on Accelerator
A record $20 million settlement with Leader Automotive is a jarring pothole in what appeared to be a smoother road ahead for ...
Hosted on MSN1y
FTC's New CARS Rule Could Save Car Shoppers $3.4 Billion Each Year
Dealers must get a buyer's "express, informed consent before charging them for anything." The FTC originally proposed what became the CARS Rule in June 2022. In July 2023, a group of 17 Democratic ...
Yahoo1mon
New FTC rule adds time and money to car-buying process
The Federal Trade Commission's proposed ... Rule is a solution in search of a problem that will be burdensome for dealers and buyers alike, writes Geoffrey Pohanka. Photo from stock.adobe.com. Car ...
JD Supra10d
FTC Finalizes Significantly Narrowed Junk Fees Rule – Initial Takeaways Applicable to the Auto Industry
While the Proposed Rule included a carve-out for motor vehicle dealers subject to the FTC's Combatting Auto Retail Scams (CARS) Rule, the Final Rule removed the carve-out for motor vehicle dealers ...
Yahoo News1mon
New FTC rule adds time and money to car-buying process
The Federal Trade Commission's proposed new Vehicle Shopping Rule is a solution in search of a problem that will be burdensome for dealers and buyers alike, writes Geoffrey Pohanka. Photo from ...