President-elect Donald Trump’s return to the White House is set to bring significant changes to the auto industry. The Biden era’s focus on rapid electrification, global trade, and an active FTC will be replaced by an...more
After more than a year of review, the Federal Trade Commission (FTC) on December 12, 2023 launched its much-anticipated final rule targeting misleading advertising and sales tactics by new car dealers. First proposed in the...more
12/14/2023
/ Advertising ,
Auto Lease ,
Automotive Industry ,
Car Dealerships ,
Consumer Contracts ,
Electric Vehicles ,
Federal Trade Commission (FTC) ,
Fees ,
Final Rules ,
Financial Services Industry ,
Hidden Fees ,
Material Misrepresentation ,
Motor Vehicles ,
Regulatory Reform ,
Retail Sales
In the fall of 2022, Ford introduced an aggressive “Model e Program,” requiring its dealers to invest roughly $500,000-$1 million to install publicly accessible electric vehicle (EV) charging stations, invest in employee...more