NC Forces National Auto Dealer Group To Change Sales Practices

The Charlotte Observer and other North Carolina media outlets are reporting that Sonic Automotive, one of the nation's largest automotive dealer groups, has reached an agreement with the state to change its sales disclosure practices throughout the state.

Sonic employees were reportedly engaged in selling after-market accessories to consumers. Sonic, the target of a major NBC expose, reached the agreement with Attorney General Roy Cooper according to the newspaper. Neither Cooper's office nor the dealership would comment on the agreement, which is due to begin this summer.

The dealer group is comprised of dozens of dealership locations in multiple states and generated $7.8 billion in revenue and $91 million in profit during 2005. Sonic has agreed to pay nearly $1 million in refunds as part of its settlement.

posted by Consumer Help Web Editorial Team at 10:28 AM |