Category
Finance Insurance
Federal agencies plan increased oversight of F&I
Share
Expand
“Far-reaching structural reform to the automobile-financing and -sales markets is long overdue and urgently needed: First and foremost, the [Federal Trade] Commission can start by initiating a rulemaking, under the Dodd-Frank Act, to regulate dealer markup.” Federal Trade Commission Acting Chairwoman Rebecca Kelly Slaughter in a May 27, 2020, statement regarding the Bronx Honda case
(AUTOMOTIVE NEWS ILLUSTRATION)
Author
By:
Jackie Charniga
May 10, 2021 04:00 AM
Featured Stories
Cox study finds new-vehicle buyer satisfaction reached all-time high in 2024
Image
U.S. auto sales in 2024: Key takeaways
Image
California wildfires prompt dealership closures; one dealer loses home
Image
Ford Ranger, Volkswagen ID Buzz, Honda Civic Hybrid take home 2025 NACTOY Awards
Image