Federal Trade Commission

Free-trade lobbying efforts rev up

12:01 am U.S. ET | Feb. 2, 2015
In his State of the Union address last month, President Obama asked Congress to grant his administration wide power to negotiate free-trade deals without too much meddling from lawmakers. For the auto industry's stakeholders, it was like a boxing bell signaling the next round in a high-stakes global fight....
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JAMES B. TREECE

FTC finds fine print too fine, imposes fines

12:01 am U.S. ET | Dec. 14, 2014
Dealers should remember Americans are getting older. And while smartphone screens are getting bigger, they're still dinky compared to that big-screen TV on your wall. Think big print....
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FTC launches second crackdown on auto dealer advertising

2:13 pm U.S. ET | Dec. 12, 2014
The Federal Trade Commission today charged two auto dealership groups with violating earlier orders from the FTC to avoid misleading advertising regarding payments and financing, such as improper use of fine print and failure to adequately disclose significant costs....
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GM sides with U.S. wireless carriers in net neutrality fight

1:32 pm U.S. ET | Oct. 15, 2014
GM has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars....
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JIM HENRY

Did dealers hurt themselves with the carve out?

12:01 am U.S. ET | Aug. 20, 2014
There’s no mistaking that federal regulators are serious about policing auto lenders. By extension, auto dealers feel they’ve got a big target on their backs, too....
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JIM HENRY

N.Y. Times' demands are misguided

12:01 am U.S. ET | Aug. 13, 2014
Subprime auto loans have gotten most of the attention, but an editorial in The New York Times on Saturday makes other demands dealers and lenders are sure to dislike....
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JAMES B. TREECE

GM Financial subpoena shifts investigation away from dealers

12:01 am U.S. ET | Aug. 6, 2014
When dealers saw headlines saying the U.S. Department of Justice had subpoenaed GM Financial ast month to produce documents relating to its subprime auto loan contracts, they could be excused for worrying that this represented another threat to their arranging car loans for consumers....
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KEITH CRAIN

Automakers need state departments

12:01 am U.S. ET | Aug. 4, 2014
I don't know if any car company has an executive title of secretary of state, but it won't be long before that's a normal function in multinational firms....
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Consumer groups seek CarMax probe over 'deceptive' ads

4:01 pm U.S. ET | June 24, 2014
Car-safety groups and a U.S. senator asked the Federal Trade Commission today to investigate CarMax for claims that it inspects its used cars even though it does not fix recalled vehicles. The petition also seeks to block CarMax sales of unrepaired recalled cars....
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U.S. wins WTO dispute with China over auto imports

11:16 am U.S. ET | May 23, 2014
In a victory for automakers exporting vehicles from the United States to China, the World Trade Organization ruled that Chinese duties on U.S.-made cars and trucks violated international trade rules....
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FTC officials: Ban on Tesla's direct sales 'bad policy'

11:36 am U.S. ET | April 24, 2014
In an unusual move, three top officials with the FTC on Thursday came out in opposition to laws that ban automakers like Tesla Motors from selling automobiles directly to consumers....
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JIM HENRY

Ally takes step toward 'free at last' with IPO

12:01 am U.S. ET | March 27, 2014
It's been a long time coming, but Ally Financial finally filed for its initial public stock offering today -- another step in a long process toward becoming a truly independent company....
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JIM HENRY

CFPB, FTC Web sites differ in tone

12:01 am U.S. ET | March 26, 2014
While the Federal Trade commission and Consumer Financial Protection Bureau share a commitment to ensure consumers get a fair shake on auto finance, they gather and impart consumer information differently....
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Massachusetts dealership settles with the FTC over deceptive ads

11:27 am U.S. ET | March 24, 2014
Courtesy Auto Group of Massachusetts agreed to resolve FTC charges that the dealership violated the FTC Act by deceptively advertising that consumers could lease a vehicle for $0 down and specific monthly payments. But, the FTC said, the advertised amounts failed to include "substantial fees."...
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How dealers can keep their ads safe from FTC's hammer

12:01 am U.S. ET | March 9, 2014
Dealers tired of competing with unscrupulous retailers are cheering the Federal Trade Commission's crackdown on deceptive dealer ads. But compliance experts warn that all dealers should take a hard look at their own marketing efforts because the FTC remains on the prowl....
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