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22FTC cracking down on car dealer ads with fine print that's too... fine [w/video]

Two years ago the Federal Trade Commission served notice to five car dealers over what it considered breaches of the Truth in Lending Act regulations. One of the issues was that certain dealer ads promised to pay off the loan on a buyer's trade-in, regardless of the amount; customers thought they were getting completely out of a loan, but the dealerships would add the negative equity from the old loan into the purchase price of the new car. Another issue for the FTC was that the ads didn't clear

2FTC cracking down on car dealer ads with fine print that's too... fine [w/video]

Two years ago the Federal Trade Commission served notice to five car dealers over what it considered breaches of the Truth in Lending Act regulations. One of the issues was that certain dealer ads promised to pay off the loan on a buyer's trade-in, regardless of the amount; customers thought they were getting completely out of a loan, but the dealerships would add the negative equity from the old loan into the purchase price of the new car. Another issue for the FTC was that the ads didn't clear

31FTC 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 Commission this week, a coalition of consumer groups and Senator Charles Schumer (D-NY) urge the regulator to investigate CarMax and force all used car dealers to fix any pending recalls on a model before i

170FTC staff comes out in favor of Tesla, direct vehicle sales

On the subject of Tesla Motors and its efforts to legally sell its electric vehicles directly to consumers without franchised dealerships, the FTC has taken aim at Missouri and New Jersey. The Commission hasn't made any nationwide decision on the subject quite yet, but in a May 16 statement it encouraged the two states to reconsider policies that would further prohibit automakers from selling directly to consumers. And the FTC didn't mince words, calling such laws an example of "protection that

73FTC officials question 'bad policy' that stops Tesla's direct sales

It looks like Elon Musk has a new group of allies over at the Federal Trade Commission. Writing on the FTC blog, three high-level FTC officials came out against the "protectionist" network of laws in the US that govern automotive dealers and prevent, in some cases, Tesla Motors from selling its cars directly to customers. They called the rules, "bad policy for a number of reasons."

4AMA points to EPA document to prove ethanol damages small engines

The fight over converting the national supply of gasoline from a maximum 10-percent ethanol blend (known as E10) to E15 have quieted down somewhat when it comes to passenger cars. For other applications - like "motorcycles and nonroad products" - the struggle continues.

51Nissan 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 commercials were, the Federal Trade Commission (FTC) took issue with the latter, titled Hill Climb, with the agency considering it to be a misleading commercial since both vehicles required a cable to re

129Car Dealerships Will Settle Deceptive Advertising Charges

Federal Trade Commission investigated the sale, financing and leasing of vehicles

Nine U.S. car dealerships caught in a Federal Trade Commission dragnet will settle charges of making deceptive claims in their advertising, the Automotive News reports.

20FTC investigating dealers who opposed TrueCar for collusion

TrueCar and automotive dealerships just can't seem to stay out of the spotlight. An investigation is underway by the Federal Trade Commission into a number of dealers that stand accused of "agreeing to refuse to deal with TrueCar," according to an FTC letter obtained by Automotive News. The alleged collusion, which would violate federal competition laws, has triggered a non-public investigation that has had many dealerships, and TrueCar itself, served with letters demanding documents.

31Hertz 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.

22FTC 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.

245Made 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 from foreign countries.

20NADA 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 theft) has NADA upset over the government's decision to pursue the creation of an automotive lending consumer advocacy agency.

47FTC 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 consumer.

37Judge disconnects alleged car-warranty "robo-callers"

It's official. The Feds are pissed, too. On Thursday, a federal judge did what many of us have wanted to do for a long time now. He handed out restraining orders to two companies the Federal Trade Commission says have been calling you, me, all your friends, your 90-year-old blind grandmother, and anyone else without enough sense to ignore unidentified phone calls.

AddFTC loses case against Dutchman Enterprises LLC

In a move that has made hydrogen injection enthusiasts more enthused and left most critics still critical, NJ Federal Judge Michael Shipp has ruled that the FTC failed to make its case against Dutchman Enterprises LLC., the United Community Services of America Inc and Dennis Lee. The FTC had disputed claims that a product distributed by the defendants, the Hydrogen Assist Fuel Cell (HAFC) kit, could actually cause a substantial increase in gas mileage. The HAFC kit, which is comprised of a "com

AddWhy gas prices went up in 2006

The FTC released a report with the reasons behind the gas price increase in 2006. Live in a cave and don't recall the increase in gas price in 2006? As shown in the above graph, the weekly average gas price started the year at $2.28 in February. It quickly rose to an average May to September of $2.90, an increase of .62, peaking at $3.02 in August. 42 percent of Americans thought Bush did it.

Add"Improves gas mileage by..." yeah, we've heard that one before!

Be skeptical! Out of 93 fuel saving devices or additives were recently tested in Ann Arbor, Michigan, by the EPA, and out of those, just 10 were found to increase fuel mileage, and then only slightly. Unfortunately, 4 of those 10 also increased emissions. The results of the report are that none of the tested products met with approval from the EPA. The moral of the story is that these days, manufacturers have probably done what they can to make your mileage as high as it can be while delivering

AddBrazilian technology company to export ethanol-enabling add-on

Most Americans love seeing the phrase "plug 'n play." The alliteration bounces off your lips while the words magically translate to "no set-up required." Well, mostly. Every now and then, you have to turn a skeptical eye to a claim or product and here we may just need to turn two. In a recent press release, Brazilian technology company Abcesso announced that they would begin exporting an add-on component that essentially turns your standard gas-only car into a flex-fuel vehicle. The product is c

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