| The Clean Air Act of 1970 established responsibilities for government and
private industry to reduce emissions from vehicles, factories, and other sources. Imported
motor vehicles are subject to safety standards under the Motor Vehicle Safety Act of 1966,
as revised. Manufacturers are required to meet certain mileage requirements on the
vehicles which they manufacture. The Federal Odometer Law, prohibits tampering with
odometers. Regulation M, is designed to ensure that lessees of personal property receive
disclosures to enable comparison with other leases, to limit balloon payments in consumer
lease transactions, and to provide for accurate disclosure of lease terms in advertising. A federal law, the Magnuson-Moss Warranty Act, governs certain
consumer product warranties. State laws covering warranties of automobiles to
consumers are often referred to as "lemon laws." Car
dealers who sell more than five used vehicles in a 12-month period must comply with the
Federal Trade Commissions Used Car Rule |