FTC to Hold Third Roundtable in Washington, D.C., Next Month
At its next ‘Listening Tour’ event, slated for November, the Federal Trade Commission will discuss the information it has picked up at its previous two roundtable gatherings.
WASHINGTON — The Federal Trade Commission (FTC) announced it will host its third roundtable, “The Road Ahead: Selling, Financing & Leasing Motor Vehicles,” on Nov. 17, 2011, in Washington, D.C., at its Conference Center.
The roundtable will address what has been learned about auto sales, financing and leasing at the FTC’s previous roundtables. The commission also will discuss what consumer and business education initiatives would be useful, and any practices that may harm consumers significantly or that are widespread.
The first roundtable in the series was held in Detroit back in April and focused on consumer protection issues involving the sales and financing of motor vehicles. The second roundtable, held in San Antonio in August, concentrated on military consumers’ experiences at dealership, the role of financial literacy in consumers’ understanding of that process, and fair lending issues.
Those who wish to submit comments on roundtable topics or on motor vehicle sales, finance and lease issues, can file comments at ftcpublic.commentworks.com/ftc/motorvehicleroundtables3. The FTC will accept comments until at January 31, 2012.
For more information, visit http://www.ftc.gov/bcp/workshops/motorvehicles/.
More Auto Finance

Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
Read More →
Mind Your Process
Consistent steps taken in various aspects of the F&I office can make valuable differences over time, similar to an outline for a best-selling book.
Read More →
Top Five Credit Application Fraud Flags
Compliance audits regularly reveal bad habits that can lead to fraud charges and should have been stamped out decades ago.
Read More →
More Auto Loans for the Taking in August
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →