FTC, Corporation Counsel to Announce Results of Used Car Rule Sweep in Washington, D.C.

FTC, Corporation Counsel to Announce Results of 'Used Car Rule' Sweep in Washington, D.C.

Agency: Federal Trade Commission
Date: 9 June 2000

Two-Thirds of Dealers' Lots Found to Have 'Significant' Compliance Problems

The Federal Trade Commission and the District of Columbia's Corporation Counsel will hold a joint press conference on Monday, June 12, at 10:30 a.m. to announce the results of its sweep of used car dealers in Washington, D.C. to enforce the Commission's Used Car Rule. The Rule requires that Buyers Guides be posted at all times on each vehicle offered for sale in order to provide consumers with basic essential information about their rights if there is a problem with the car. Since the Used Car Rule became effective in 1985, the Commission has brought more than 80 actions against noncomplying dealers, with civil penalties totaling more than $1 million.

WHO:	Steven Baker Director, Midwest Region Federal Trade Commission Lemuel Dowdy Bureau of Consumer Protection Federal Trade Commission Robert Rigsby Corporation Counsel D.C. Corporation Counsel
WHERE:	Federal Trade Commission Room 432 600 Pennsylvania Ave., NW Washington, D.C. 20580
WHEN:	Monday, June 12, 2000 10:30 a.m. (room will open at 10:00 a.m. for camera set-up)
CONTACT:	Mitchell Katz FTC Office of Public Affairs (202) 326-2161