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Company: Ford Motor Credit Corporation et al.
Current Parent Company:
Ford Motor
Parent at the Time of the Penalty Announcement:
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Penalty: $934,421
Year: 2000
Date: November 29, 2000
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: Ford Motor Credit Co. agreed to pay $111,921 and 204 Ford and Lincoln-Mercury dealers in California agreed to pay $822,500 in settlement of allegations by the District Attorneys of Los Angles, Alameda and Sacramento counties that they deceptively placed improper charges on lease termination agreements.
Level of Government: local
Action Type: agency action
Agency: California Multi-Jurisdiction Case
Civil or Criminal Case: civil
Private Lawsuit Resolution Type: settlement
Facility State: California
Facility County: multi-county
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.