121 Auto Dealers Sue CarFax for Anticompetitive Practices

CarFax, the provider of vehicle history reports, has been sued by a group of auto dealers for anticompetitive practices.
“Leonard Bellavia, the attorney leading the case, has been looking at Carfax’s practices for the past six months as a growing number of his dealer clients questioned the quality of Carfax’s reports.”
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Dealer Forgery

Automotive News, a magazine that caters to dealers, explains different types of forgery.
Excerpts:
Forgery can exist on any document. There are people who think forging a contract is the only forbidden act. Any other document, that’s “kind of OK” in a lot of people’s opinion. But it can be forgery on …

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New Case Outlaws Use of GPS Cell Phones While Driving

The appellate division of a California Superior Court has decided that the Vehicle Code section outlawing use of a cell phone without a handsfree device also outlaws use of the phone for virtually anything else.
“Our review of the statute?s plain language leads us to conclude that the primary evil sought …

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Explosion in Sub-Prime Auto Lending

The Fed has contributed to the explosion of sub-prime lending due to their activities.
Sub-prime lending encompasses “customers with an average credit score of 556 and average annual income of $38,393, according to the pitch book. These borrowers pay an average interest rate of 21.4 percent a year. (Median U.S. household …

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Proposed FTC Buyer’s Guide Changes Not Pro-Consumer

The FTC’s proposed Buyer’s Guide rule is not pro-consumer.
A move by the Federal Trade Commission to modify its buyers’ guide for used cars is being panned by consumer groups, who say the current guide is ineffective and proposed changes are even worse.
The FTC guide gives consumers critical information about who …

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Car Dealers Maintain Lowest Honesty Rankings

According to an annual Gallup poll, car dealers once again win the race to the bottom with the lowest honesty rating amonst a variety of professions in the United States. Over the past 36 years of the poll, car dealers have consistently bottomed out the list, with the exception of …

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