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UPDATE 1-GM, two dealerships settle FTC charges on unrepaired used cars

2016-01-29 01:12:53| Auto Dealers - Topix.net

General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc, will settle allegations they advertised that they sold carefully inspected cars that in fact had unrepaired safety recalls, the Federal Trade Commission said on Thursday. The FTC's allegations were that GM said its "certified pre-owned vehicles" had a 172-point inspection but failed to disclose that no one had repaired such critical issues as an ignition switch defect that can affect engine power, steering, braking and airbag deployment.

Tags: used update cars charges

 

FTC warns, connected baby monitors are more susceptible to hackers

2016-01-23 02:17:31| Wireless - Topix.net

At the PrivacyCon event held by the Federal Trade Commission last week in Washington, D.C., the FTC warned that several brands of baby monitors lack basic security features like complex passwords and data encryption, making the transmission of data through connected baby monitors more susceptible to hackers. While the FTC did not reveal the brands of baby monitors it tested, Bureau of Consumer Protection attorney Seena Gressin said, "It may be time to update an old lullaby with a new stanza: "Hush little baby, don't say a word, unless your Wi-Fi baby monitor is well-secured."

Tags: to baby connected monitors

 
 

Is the FTC hinting it will change US auto dealership laws?

2016-01-20 17:57:05| Auto Dealers - Topix.net

It's taken at least six decades to come up with the current melange of automotive dealership laws in the US. With different rules in different states, experts honestly disagree if they help or hurt consumers.

Tags: change auto laws dealership

 

The battle for the future of auto sales rages on at FTC hearing - Roadshow

2016-01-19 19:23:10| Auto Dealers - Topix.net

Cars are Andrew's jam, as is strawberry. He started his auto-industry career working as a photographer and social media coordinator for Fluid MotorUnion, a prominent aftermarket parts fabrication garage for late-model European vehicles.

Tags: auto sales future battle

 

Tesla, auto dealers testifying to FTC today on direct sales

2016-01-19 15:13:26| Auto Dealers - Topix.net

In the public mind, testimony on Capitol Hill usually falls into one of two categories: mind-numblingly boring or pointless grandstanding for political gain. Today's FTC hearing on "Auto Distribution" will, hopefully, be neither.

Tags: today auto sales direct

 

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