Category: High Finance

By on December 15, 2014

2015-ford-f-150-in-detroit-rear-side-view

Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days.

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By on December 15, 2014

Randy Richardville, King of Financial Slavery in Michigan Since 2014

Michigan Senate Majority Leader Randy Richardville of Monroe, the senator behind the bill that would allow auto title loan companies to do an end-run around the state’s title loan ban by posing as pawnbrokers, proclaimed the 276-percent interest loans the title companies would provide consumers weren’t predatory.

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By on December 15, 2014

aston-martin-dbs-carbon-edition-by-wheelsandmore-photo-gallery_13

Aston Martin is preparing to crowdfund the old-fashioned way — shares and bonds — its portfolio expansion, per sources close to the automaker.

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By on December 12, 2014

gm_mexico

General Motors will invest $5 billion through 2018 into its Mexican facilities to help double production capacity.

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By on December 11, 2014

ferrari-laferrari-fxxk_100493646_l

Just as Fiat Chrysler Automobiles left Italy to escape the tax man, Ferrari is considering the same as it moves closer to leaving the nest by next October.

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By on December 11, 2014

CFPB - Consumer Financial Protection Bureau Sign

A trade group representing lenders is finding the Consumer Financial Protection Bureau’s proposal to regulate non-bank auto lenders too much to bear.

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By on December 10, 2014

Dirtbag America Auto Title Lending Store and Krispy Kreme 2012

Auto title lenders, whose practices are aligned with those dealing in payday loans, furniture leases, and cheaply made wheel-and-tire rentals, may soon be able to profit off of Michigan consumers should a bill in the state senate be passed.

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By on December 8, 2014

Silverado

Red-hot auto sales and increasingly pricey cars are generally seen as a sign of a resurgent economy and a consumer base that is finally prospering after years of stagnant wages and poor prospects. But according to data from Experian, much of the growth may come from practices generally regarded as financially unhealthy.

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By on December 4, 2014

aluminum

Planning to buy a new 2015 Ford F-150 soon? You might be purchasing a dent-and-ding policy for your ride, too.

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By on December 4, 2014

080912medallion1CS

Transportation network companies like Lyft and Uber are making an impact on the United States livery market, particularly in cities where medallions are sold.

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