Online auction company Grays fined $10 million for misleading car ads



Online auction company Grays has been fined $10 million for posting false and misleading car ads.

Grays admitted to misrepresenting the descriptions of hundreds of cars listed for sale on its website between July 1, 2020 and June 30, 2022, meaning hundreds of customers may have bought a car they did not wish to purchase.

The misleading information pertained to ads that listed features the car did not have, including the wrong manufacturing date, and failing to mention any obvious faults of the vehicle.

To read news in detail: https://www.9news.com.au/national/online-retail-auction-site-grays-fined-10-million-for-misleading-ads/ca82d66a-db2d-4c45-8a8c-92035bf7b782

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