Hot News - October 1998 |
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Marketing Standards
Effective October 1, 1998,
OMVIC's new Marketing Standards
are in effect. These standards
replace the Advertising
Guidelines that were developed
by the Ministry of Consumer and
Commercial Relations in 1991.
Radical changes have affected
the marketplace in recent years.
For that reason, OMVIC's 1997
Business Plan included, as one
of our main initiatives, the
development and promotion of new
guidelines requiring more
complete disclosure of facts in
dealers' advertisements. While
these new guidelines were on the
works, OMVIC re-issued the
original Advertising Guidelines
in November of last year - see
our Registrar's report from
November 21, 1997.
The new Marketing Standards -
built upon the principles
delineated in our Code of
Ethics- were put together by our
Advertising Committee in
consultation with industry
associations and government
agencies such as Advertising
Standards Canada. They are
intended to increase consumers'
confidence in the motor vehicle
dealers industry by providing
clear and enforceable rules
against unethical and misleading
advertising. At the same time,
the standards are intended to
reinforce a level playing-field
for registered dealers, who
don't want to see others gain a
competitive advantage at the
expense of consumers in Ontario.
OMVIC will monitor compliance to
the new standards with the
assistance of two industry
associations: the Used Card
Dealers Association (UCDA) and
the Ontario and Toronto
Automobile Dealers Association
(OA/TADA). Infractions to the
new Marketing Standards will not
be tolerated, and violators will
be subject to disciplinary
actions.
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