From time to time, car companies misled the public about the operations of the vehicles they sell. Recently, some of these have been over what the manufacturer claims is the fuel economy of a model and what the truth about the figure is. Ford has been punished for misleading ads.
[in-text-ad]
Ford paid $19.2 million to settle accusations that it posted false figures about the C-Max hybrid. It lowered the figure for the model’s fuel economy in 2013. According to The Drum: “The company also claimed in its marketing that the vehicle offered better fuel economy than competitors’ hybrid models.” The settlement was with 40 state attorneys general and the authorities in the District of Columbia.
Ford said it made a “voluntary” decision to report itself to the EPA. It also said it follows the proper guidelines when it makes claims about fuel economy. Clearly, that is not true.
Ford has just entered a period when it will need to make claims about the fuel mileage of its electric vehicles. The Ford F-150 Lightning, according to Ford, gets the equivalent of 179 miles per gallon. Hopefully, that is true.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
