The FTC agrees to settlement with auto retailers

|By:, SA News Editor

The Federal Trade Commission announces it reached a settlement with CarMax (KMX -0.7%), Asbury Automotive Group (ABG -0.1%) and West-Herr Automotive Group after an investigation into safety and inspection claims.

The auto retailers agree they won't make claims about unqualified inspection or the safety of cars subject to recall notices.

FTC press release

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