Dealers Predict Hefty Costs with New FTC Rules

Proposed rules would cost dealers money and consumers time, finds Center for Automotive Research.
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.
Reynolds and Reynolds/Proton Dealership IT offer tools for compliance, security ahead of FTC Safeguards Rule deadline.
FTC accused Passport Automotive Group of deceitful ads, charges, and discriminatory lending.
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.
The Federal Trade Commission has proposed new regulations that target dealership ads and F&I practices.
The National Automobile Dealers Association has challenged the Federal Trade Commission's proposed rules on dealership advertising and finance and insurance.
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