FTC probes GM dealers' 'certified used' claims - USA TODAY
FTC probes GM dealers' 'certified used' claims The Federal Trade Commission is investigating whether General Motors dealers promoted used vehicles as "certified pre-owned" despite failing to make repairs required under publicly announced recalls,... ly/1MMsWCv The Federal Trade Commission is investigating whether General Motors dealers promoted used vehicles as "certified pre-owned" despite failing to make repairs required under publicly announced recalls, the company disclosed Thursday. "On June 3, 2015, we received notice of an investigation by the Federal Trade Commission concerning certified pre-owned vehicle advertising where dealers had certified vehicles allegedly needing recall repairs," GM stated in a filing with the... "We continue to investigate these matters and believe we are cooperating fully with all requests for information in ongoing investigations," the disclosure states. This is the latest in a series of investigations arising from GM's recall of nearly 30 million vehicles worldwide last year. The probe that likely could cost the most is an investigation led by the U. S. Attorney for the Southern District of New York, Preet Bharara. Bharara is investigating whether GM was criminally liable in failing to notify federal safety regulators of. Source: www.usatoday.com
