Filed under: Car Buying, Government/Legal
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.
The discussions kick off on April 12 at Wayne State University Law School in Detroit and are free and open to the public. The main topic will be dealer financing, which is almost always a confusing, complicated process that can wind up costing car buyers more money than they originally intended.
The FTC is in the process of identifying experts in the field to attend the talks, including auto industry representatives and consumer advocates. More meeting times and discussion schedules will be posted to the FTC website as they’re made public.
[Source: FTC via The Truth About Cars]
Continue reading FTC to probe auto dealer practices
FTC to probe auto dealer practices originally appeared on Autoblog on Sun, 13 Mar 2011 12:35:00 EST. Please see our terms for use of feeds.
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