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federal trade commission

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    Report: FTC urged to halt 'deceptive' CarMax ads over recalled car issue

    Safety groups and a prominent politician are taking aim at CarMax, the country's largest used car chain, over allegedly deceptive advertising, and they're hoping to prompt a major shift in the way that pre-owned vehicles are sold in the US, as well. In two letters filed with the Federal Trade ...

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    Report: Nissan settles with FTC over misleading dune buggy ad [w/videos]

    A couple years ago, Nissan created a series of commercials for its compact Frontier pickup showing the truck performing outlandish stunts such as snowboarding, saving a passenger airplane from a crash landing and climbing a steep sand dune to help a stranded dune buggy. As crazy as the first two ...

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    Report: Hertz pays $2.3B for Dollar Thrifty

    Car rental giant Hertz is in the process of purchasing Dollar Thrifty. The deal is said to be for $2.3 billion, according to an Associated Press report. As a result, Dollar Thrifty stock increased by seven percent in trading before the market opened today. According to the report, Hertz has been ...

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    Official: FTC shuts down auto warranty robocaller

    If you have a phone, you've probably been offered a (last, final, only, etc.) chance to extend your car's warranty. Hopefully you realized an anonymous caller from an unknown number had no idea what kind of car you drive much less when your warranty expired and promptly ended the call. Way back in ...

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    Official: FTC steps in to curb deceptive car dealer trade-in practices [w/video]

    In general, car dealers have reputations just below personal injury lawyers and politicians, so it's no surprise that most consumers are naturally wary whenever they engage in the process of buying a new vehicle. As part of an effort to restore consumers' faith in the auto buying process, the ...

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    Made In America group files complaint against Ford, Chrysler for misleading ads

    Ford and Chrysler have come under fire from the Made in the USA Foundation over certain advertisements. The foundation has filed complaints with the Federal Trade Commission for misleading ads, claiming that both automakers have advertised vehicles as made in America that were actually imported ...

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    Report: NADA and banks working to curb new federal oversight efforts

    In 2010, the Federal Trade Commission received 1,339,265 complaints. According to the National Automobile Dealer's Association, less than one percent of those complaints were related to new or used auto sales. That relatively low number (compared to the 250,854 people who complained of identity ...

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    FTC to probe auto dealer practices

    The Federal Trade Commission will hold a series of roundtable discussions about car dealers' business practices next month. The talks will be held across the country in an effort by the FTC to get a feel for how car dealers are conducting themselves and whether their practices are fair to the ...

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    You've got mail fraud: DCX dragged into mail scam

    As if the Nigerian fund wiring scheme wasn't bad enough, DaimlerChrysler is now finding themselves involved in a similar snail-mail scam. DCX's financial services unit has been working its butt off to warn people to steer clear of a mail scam that seems to be using the company's good name to dupe ...


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