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Topics: Chrysler Corporation
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| Agency: Federal Trade Commission
Date: 13 January 1999 [Non-automotive content removed.] |
The Commission has voted to approve consent agreements with Chrysler, its national advertising agency, Bozell Worldwide Inc., and Martin Advertising, Inc., a regional advertising agency for General Motors' dealerships and dealer associations. The consent agreements prohibit the companies from disseminating deceptive lease and/or credit advertising and require them to provide the cost information in ads mandated by the Consumer Leasing Act and/or the Truth in Lending Act. Under the orders, all required disclosures also must be made "clearly and conspicuously" -- that is, in a manner that is readable (or audible) and understandable to a reasonable consumer. The Commission votes to make the consent orders final were 4-0. (See news release dated October 15, 1998; Docket Nos. Chrysler, C-3847; Martin, C-3846; Bozell, C-3845; Staff contact is David Medine, 202-326-3224.)
Copies of the documents mentioned in this FYI are available from the FTC's web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-FTC-HELP (202-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.