Recent News

FTC Releases Staff Perspective Examining Informational Injuries

Staff of the Federal Trade Commission released a new paper today outlining key takeaways from a December 12, 2017 workshop examining injuries consumers may suffer from privacy and security incidents.According to the Staff Perspective on the Informational Injury...

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Tesla Model 3 offered for $45,000, but base $35,000 model still not available

Tesla has started taking orders for a mid-range battery Model 3 that goes about 260 miles between charges for $45,000. ... Read More »

Northwood University chief to retire after 12 years; successor search under way

Northwood University, a longtime training hub based in Michigan for auto dealership managers and executives, said CEO Keith Pretty is retiring after 12 years at the helm. ... Read More »

Geely ‘corrects’ rumors about presidential family ties

Geely Automobile Holdings, long the subject of speculation about its political ties, has moved to dispel a widely held belief its chairman's wife was related to Chinese President Xi Jinping. ... Read More »

OEConnection to buy Britain’s Bluegrasscoms

OEConnection, which specializes in helping dealers buy and sell auto parts, has agreed to acquire Bluegrasscoms, a Newbury, England company that provides many of the same services. ... Read More »

FTC Stops Deceptive Health Claims by a Stem Cell Therapy Clinic

Defendants lacked scientific evidence that their “amniotic stem cell therapy” could treat or cure serious diseases, including Parkinson’s, macular degeneration, cerebral palsy, and autism A California-based physician and the two companies he controls have...

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FTC Launches National Campaign with Resources to Assist Small Businesses with Cybersecurity

Today, the Federal Trade Commission, along with the Department of Homeland Security (DHS), the National Institute of Standards and Technology (NIST), and the Small Business Administration (SBA), launched a national education campaign to help small business owners...

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FTC Details Efforts to Protect Older Consumers in Report to Congress

A new report released today by the Federal Trade Commission details the agency’s comprehensive efforts to protect older consumers from fraud, identity theft, and other problems in the marketplace.The report, Protecting Older Consumers 2017-2018: A Report of...

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How electric car batteries are improving despite drawbacks, risks

In the race for the next generation battery, lithium-ion technology has made huge leaps in recent years. But the power packs continue to have drawbacks. ... Read More »

Elon Musk’s big China play for Tesla comes as world’s top car market slows

Tesla's breakthrough deal to secure land for a Shanghai factory commits the electric-car maker to a multibillion-dollar investment just as the Chinese vehicle market falters. ... Read More »