Ftc Cars Rule 2025. The FTC’s New Rules Examining the CARS Rule SilverBack Advertising After hearing arguments late into 2024, the Appeals Court, in a two-to-one decision, agreed with the NADA and TADA that the FTC didn't provide an advanced notice as required and vacated the CARS rule. [Note: This blog was updated on January 24, 2024 to remove the Rule's effective.
Auto dealer trade groups challenge FTC CARS Rule in Fifth Circuit from www.consumerfinancemonitor.com
Court of Appeals for the Fifth Circuit vacated the CARS Rule (officially, the Combatting Auto Retail Scams Trade Regulation Rule, sometimes known as the Vehicle Shopping Rule), which was designed by the Federal Trade Commission (FTC) to prevent. Court of Appeals for the Fifth Circuit issued a significant opinion vacating the Federal Trade Commission's (FTC) Combating Auto Retail Scams Trade Regulation Rule (CARS Rule)
Auto dealer trade groups challenge FTC CARS Rule in Fifth Circuit
At the heart of the case was whether the FTC's authority to issue the CARS Rule derived from Section 18(a)(1)(B) of the FTC Act or from Section 1029(d) of the Dodd-Frank Act At the heart of the case was whether the FTC's authority to issue the CARS Rule derived from Section 18(a)(1)(B) of the FTC Act or from Section 1029(d) of the Dodd-Frank Act This ruling, in favor of the National Automobile Dealers Association (NADA) and Texas Automobile Dealers Association (TADA), provides several key takeaways for auto dealerships.
FTC CARS Rule Navigating the Future Studio Three ASOTU CON 2024. 27, 2025, vacated the Federal Trade Commission's (FTC) Rule on Combating Auto Retail Scams (CARS Rule) before it could take effect, finding that the FTC failed to follow its own regulations in promulgating the CARS Rule After hearing arguments late into 2024, the Appeals Court, in a two-to-one decision, agreed with the NADA and TADA that the FTC didn't provide an advanced notice as required and vacated the CARS rule.
Dissecting the FTC’s CARS Rule Data & Insight. Two industry groups have petitioned to overturn the rule, asserting that the rule should be stayed while the court challenge is pending. Circuit Court of Appeals vacated the Federal Trade Commission's (FTC) Combating Auto Retail Scams (CARS) Rule in a 2-1 decision