New Automobile Law and Legal Definition
According to 16 CFR 259.1 [Title 16 Commercial Practices; Chapter I Federal Trade Commission; Subchapter B Guides and Trade Practice Rules; Part 259 Guide Concerning Fuel Economy Advertising for New Automobiles], new automobile means "any passenger automobile or light truck for which a fuel economy label is required under the Energy Policy and Conservation Act or rules promulgated thereunder, the equitable or legal title to which has never been transferred by a manufacturer, distributor, or dealer to an ultimate purchaser."
