This quarter in the auto industry has undergone many changes in auto sale, lawsuits and financial regulations. Keeping up with rules and regulations as they change and adjust for new cases is an essential part of avoiding federal and state-wide pitfalls for dealers. Legal trends from many states, the highly publicized F&I guide in conjunction with ECOA, and some ramifications for Digital Ad Disclosures from the FTC are just a few of the thorough rules that came to pass and be rewritten. Some examples include:
- .com Disclosures: the FTC’s rules on how to advertise legally online and across mobile platforms. View the PDF from the Federal Trade Commission>>
- Auction Trends from the DC Metro/Maryland Court of Appeals. See Gardner v. Ally Financial >>
- Odometer law exemptions and tampering provisions
The Car Lawyer offers many suggestions and updates for these provisional changes and revisions to laws that affect dealership marketing, sales, F&I and overall operations, as well as B2B partnerships. Stay up to date:
