According to the regulator, this was the FTC’s first action alleging income falsification by dealerships. Charged are the owners of Tate’s Auto Group, which operates four dealerships in Arizona and New Mexico, near the border of the Navajo Nation.
August 2, 2018
The compliance sweep, which took place in seven states, is the first since the agency's new Used Car Rule took effect earlier this year. Dealers who failed to comply could face penalties of up to $41,484 per violation.
July 12, 2018
A new Michigan bill that would allow ‘autocycle’ manufacturer Elio Motors to sell directly to consumers spurs the Federal Trade Commission to urge all states to lift bans on direct-to-consumer sales.
May 14, 2015
Karina Grile worked overtime to get Voss Auto Network’s stores in line with the industry’s newest rule — one that experts say could be a blessing in disguise.
January 1, 2011
Three compliance experts attempt to map out a dealer’s best-chance deal. In the end, all roads lead back to compliance.
February 1, 2010
The verdict on the impact of the Fed's new rule is still out, but its requirements might just be what the doctor ordered for our business.
February 1, 2010
After reading the Federal Trade Commission’s 17-page guide to “Fighting Fraud With the Red Flags Rule,” I think I finally understand why this newest requirement is so perplexing to many of you out there.
May 1, 2009
A Red Flag is a pattern, practice or specific activity that indicates the possible existence of identity theft.
January 21, 2009
A post made on Oct. 2 on the magazine’s F&I Forum made me think, “What a great story of a dealer doing it right.” But that was before I talked to Mark O’Neil, CEO of DealerTrack, about something he discussed during his keynote address at the magazine’s September F&I Conference and Expo.
November 1, 2007
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