FTC near deal on leasing ad tactics

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The Federal Trade Commission on Nov. 21 is expected to announce an agreement with four automakers to settle allegations of misleading lease ad tactics. The four automakers are General Motors Corp., American Honda Motor Co., American Isuzu Motors and Mitsubishi Motor Sales of America. At press time, the FTC was negotiating with a fifth automaker to enter the settlement, sources said.

Copyright November 1996, Crain Communications Inc.

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