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An Illinois based car-dealership has found itself on the paying end of a $10 million settlement with the Federal Trade Commission (FTC) and the state attorney’s office. The settlement comes after numerous claims that the car dealer was charging illegal fees and adding additional finance charges to its Black customers. As reported by the Chicago Tribune, Ed Napleton Automotive, headquartered in Oakbrook, IL was among nine other dealerships in Illinois, Florida, Pennsylvania, and Missouri with complaints filed for similar discriminatory practices. According to the local news outlet, the joint settlement was filed in Chicago federal court alleging the dealerships across multiple states charged up to thousands in additional products like paint without any prior consent. The complaint against the dealership also alleges that Black customers were charged an estimated $190 more in interest and paid about $99 more for similar add-ons than white customers, the FTC released in a statement....
The CEO of Rolls-Royce has disclosed some interesting facts about his cars’ sales in the wake of the COVID-19 pandemic. And according to Business Insider, it’s all about the money for him — and others. “Quite a lot of people witnessed people in their community dying from Covid, that makes them think life can be short, and you’d better live now than postpone it to a later date,” Torsten Müller-Otvös said. “That also has helped [Rolls-Royce sales] quite massively.” To wit, Rolls-Royce sold nearly 6,000 cars in 2021, a record for the luxury car manufacturer. The most popular model for purchase was the so-called “Ghost” model, which has been named in countless Hip-Hop songs and featured in numerous films and television shows. And the car itself is not the only luxury item to see a spike in sales. According to the same report, sales of luxury items, in general, have spiked dramatically in the wake of the pandemic — and that number is only going to increase as time goes on. “The crisis...