By Jamie LaReau, Crain News Service
LAS VEGAS (July 6, 2015) — After two Las Vegas auto dealerships agreed last week to settle charges that they used deceptive advertising, the Federal Trade Commission (FTC) said car dealers can expect vigilant enforcement of dealers' practices to continue.
“Protecting consumers in the auto marketplace remains a top priority for the FTC,” spokeswoman Cheryl Warner said in an email to Automotive News.
Ms. Warner said that since 2012, the FTC has brought more than 20 cases against auto dealerships nationwide involving deceptive auto advertising. While this latest case was not part of a big sweep, it is part of the FTC's continuing scrutiny, she said.
“The FTC and our law enforcement partners nationwide continue to monitor this space closely, and are committed to actively combating a broad spectrum of unlawful auto practices,” Ms. Warner said.
The car dealerships in the latest bust are Planet Hyundai and Planet Nissan. They are charged with running ads that misrepresented the purchase price or leasing offers of their vehicles and the amount due at signing, the FTC said.
The ads also violated the Consumer Leasing Act and the Truth in Lending Act by failing to disclose required lease terms and other credit information, the FTC said.