Many of you might recall all the effort we put into trying to understand what the various government agencies wanted us to do to stay compliant. It was not that long ago that Obama had urged Congress to include automotive dealers in the Dodd-Frank Wall Street Reform Act and under the review of the Consumer Financial Protection Bureau. While we dodge that with the help of the NADA and a few of our elected officials, Congress did authorize the Federal Trade Commission to speed up its review of what they consider unfair, deceptive and abusive practices.
This blog by Richard Wise is mandatory reading for dealers and those who work with dealership in any capacity. Please read and comment.
