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The Red Flags Rule was created by the Federal Trade Commission (FTC), along with other government agencies such as the National Credit Union Administration (NCUA), to help prevent identity theft. The rule was passed in January 2008, and was to be in place by November 1, 2008, but due to push-backs by opposition, the FTC delayed enforcement ...
The Federal Trade Commission announced a new rule Tuesday that is intended to stop auto dealers from using hidden fees and bait and switch price tactics on buyers. FTC reveals new rule targeting ...
Specifically, the CARS Rule stands on four main legs: (1) Dealers cannot misrepresent a vehicle's price; (2) Dealers must "clearly disclose" the actual price someone can pay for the car; (3 ...
Hongqi (Chinese: 红旗; pinyin: Hóngqí) is a Chinese luxury car brand operated owned by the automaker FAW Group. Hongqi was launched in 1958, making it the oldest Chinese passenger car brand. [1] In Chinese, hongqi means "red flag." Originally, Hongqi models were only for high-ranking government officials. [2]
Auto dealers will be barred from luring vehicle buyers with promises they do not keep and will not be able to charge junk fees - like a service contract for an oil change for an electric vehicle ...
Typical car dealership (in this case a Jeep dealer) in the U.S. selling used cars outside, new cars in the showroom, as well as a vehicle entrance to the parts and service area in the back of the building An aerial view of auto dealer's service in Kuopio, Finland Service and repair entrance Auto dealer's service and repair facility Dealer for vintage cars
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In the United States, Vermont passed a similar Red Flag Law in 1894, only to repeal it two years later. [2] This law stated that "[t]he owner or person in charge of a carriage, vehicle or engine propelled by steam, except road rollers" must have a "person of mature age [...] at least one-eight of a mile in advance of" the vehicle, to warn those with livestock of its impending arrival.