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| | Rolls-Royce and Paccar Seek Exemption from FTC Franchise Rule |
 | | In a separate petition, Paccar, Inc. also has asked the FTC to exempt its automobile dealership operations from the disclosure requirements of the Franchise Rule. |
 | | Paccar, Inc. manufactures heavy duty and medium-duty trucks, truck parts, and accessories that it distributes through a network of 131 dealers operating under the names "Kenworth" and "Peterbilt." The dealers offer and perform warranty repair and bodywork; sell, rent, or lease used cars; and offer financing and insurance in connection with truck sales. |
 | | In its petition, Paccar contends that conditions most likely to lead to deceptive practices are absent from Paccar's sales of truck dealerships, due to the amount of the investment involved, the procedures Paccar has in place, and the prior experience of its prospective dealers. |
| www.ftc.gov /opa/2003/04/rollspaccar.htm (647 words) |
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