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FTC | RIN: 3084-AB05 | Publication ID: Fall 2016 |
Title: Used Motor Vehicle Trade Regulation Rule | |
Abstract:
As part of the systematic review of all Commission rules, the Commission initiated its periodic review of the Used Car Rule (or Used Motor Vehicle Trade Regulation Rule) on July 21, 2008, by publishing a notice seeking public comments on the effectiveness and impact of the Rule and on proposed modifications to the Rule (73 FR 42285). Effective in 1985, and last reviewed in 1995, the Used Car Rule sets out the general duties of a used vehicle dealer and provides for a label to be affixed to a vehicle's window describing whether the vehicle is warranted by the dealer and, if so, details about the warranty such as the duration and systems covered.
In response to comments, the Commission published a notice of proposed rulemaking (NPRM) on December 17, 2012 (77 FR 74746), and a final rule revising the Spanish translation of the window form on December 12, 2012 (77 FR 73912). The extended comment period on the NPRM ended on March 13, 2013. The Commission published a supplemental NPRM on November 28, 2014 (79 FR 70804). The comment period was extended to March 17, 2015 (80 FR 4519). Staff anticipates Commission action by November 2016. |
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Agency: Federal Trade Commission(FTC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 16 CFR 455 | |
Legal Authority: 15 U.S.C. 2309 15 U.S.C. 41 et seq |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: John Hallerud Attorney Federal Trade Commission 55 W. Monroe Street, Suite 1825, Chicago, IL 60603-5001 Phone:312 960-5615 Email: jhallerud@ftc.gov |