Dealers should take care to avoid practices that regulators could deem to be tricks or manipulation of consumers.
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.
Proposed rules would cost dealers money and consumers time, finds Center for Automotive Research.
Unfair, deceptive or discriminatory behavior are among the agency's concerns.
Informativ, which reflects company’s approach to comprehensive credit and compliance solutions, encompasses lead generation through vehicle sales.
There are significant challenges and hurdles approaching for dealers and their vendor partners.
Reynolds and Reynolds/Proton Dealership IT offer tools for compliance, security ahead of FTC Safeguards Rule deadline.
NADA President and CEO Mike Stanton discussed the state of automotive retail today in the most recent NADA Update.
Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.
The FTC voted 5-0 against a further deadline extension after receiving approximately 2,400 comments.
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