Regulation & law
FTC Settles With Stream Auto Outlet Over Deceptive Pricing Claims
The FTC has reached a settlement with a New York dealership group accused of advertising misleading prices to consumers.
The Federal Trade Commission announced a settlement with Stream Auto Outlet, a dealership group based in Long Island, New York.
The settlement resolves claims that Stream Auto Outlet deceived consumers by advertising vehicle prices that were much lower than the final amounts charged.
According to the FTC, the dealership's advertising practices did not reflect the true costs consumers would pay.
This action highlights the FTC's ongoing focus on price transparency in auto sales.
Dealerships nationwide are reminded to ensure that advertised prices accurately represent the total cost to consumers.