Connect with us

Press Release

The Extinction of Small Used Car Dealerships: A Closer Look at Corporate Exploitation

Published

5 months ago

on

In recent years, the used car dealership industry has seen a troubling trend: the decline of small, independent “mom-and-pop” dealerships, particularly in inner-city neighborhoods. Historically vital for providing affordable vehicles to underserved communities, these local businesses are increasingly being squeezed out by corporate giants employing unscrupulous tactics. A notable case involving NextGear Capital, Inc., one of the largest lenders to used car dealerships, exemplifies the damaging practices contributing to this trend. This article examines the systemic exploitation faced by small dealerships, particularly through corporate neglect and dishonest management.

Sun Set Auto Corporation, a Detroit-based used car dealership owned by an African American entrepreneur, has become one of the latest victims of this corporate exploitation. Legal counsel Brandon Kizy of B. Kizy Law has filed a formal complaint against NextGear Capital, detailing allegations of fraudulent activities and professional misconduct that have inflicted significant financial and reputational damage on the dealership.

According to Sun Set’s legal team, financial abuse began with unauthorized withdrawals from the dealership’s account, allegedly orchestrated by its own performance manager. These withdrawals resulted in substantial overdraft fees and other discrepancies, with the total damages claimed reaching $255,912.57 under applicable laws for treble damages. These manipulations were not isolated; rather, they formed part of a broader pattern of unethical behavior that has left Sun Set struggling to survive.

Allegations of Racial Discrimination and Intimidation

The case takes a more troubling turn with allegations of racial discrimination and intimidation against Sun Set’s owner. The performance manager reportedly sent racially offensive messages, including an image of chicken wings aimed at mocking the owner’s ethnicity. Such actions fostered a hostile work environment and severely disrupted business operations. Attempts by Sun Set to raise these concerns with NextGear leadership reportedly yielded no meaningful response.

Moreover, the performance manager allegedly threatened to lock the dealership’s account or repossess its inventory, tactics intended to coerce compliance regarding disputed charges. These threats pushed the owner into a corner with little legal recourse, further demonstrating the systemic neglect that plagues small dealerships.

The allegations also raise critical concerns under the Michigan Elliott-Larsen Civil Rights Act, which prohibits discrimination and allows victims to seek compensation for emotional distress caused by such actions.

Escalation of Misconduct: Larceny and Harassment

In September 2023, Sun Set claims that the performance manager coordinated the unauthorized towing of five vehicles from the dealership’s lot, including a 2018 Cadillac and a 2021 Chevrolet Blazer. This repossession was executed without NextGear’s authorization, suggesting it was a personal vendetta rather than corporate policy. A subsequent admission by the manager’s supervisor indicated prior knowledge of the incident, further implicating NextGear in a cover-up.

The situation escalated with allegations that the performance manager attempted to set fire to the dealership’s vehicles in retaliation. In October, several vehicles were stolen, allegedly orchestrated by the same manager, intensifying the dealership’s financial woes and safety concerns. A police report has been filed to investigate both the performance manager’s actions and NextGear’s potential complicity in these incidents.

Legal Action and Accountability Demands

In response to these severe allegations, Sun Set Auto Corporation is pursuing legal action against NextGear Capital. The dealership seeks reimbursement for all funds wrongfully withdrawn, along with treble damages totaling $255,912.57. Additionally, Sun Set is calling for administrative action against the performance manager for harassment, fraud, and theft, and has indicated readiness to subpoena relevant records, including communications related to the misconduct.

A Systemic Problem for Small Dealerships

Sun Set’s plight highlights a pervasive issue within the used car dealership sector. Many small dealerships, especially in inner-city areas, depend on lenders like NextGear Capital to finance their operations. However, when corporate representatives abuse their authority, these businesses find themselves with limited avenues for redress.

The broader implications of corporate neglect include a lack of oversight, failure to address complaints, and a culture of silence that allows misconduct to thrive. Despite reporting issues related to fraud and discrimination, Sun Set alleges that NextGear’s inaction has enabled the performance manager to continue his harmful practices unchecked. The situation at NextGear Capital exemplifies the challenges small dealerships face in an industry dominated by corporate interests. If predatory practices like these are not addressed, many independent dealerships may be forced to close, diminishing affordable car-buying options in inner-city communities and erasing a critical part of the automotive landscape. There is an urgent need for greater transparency, accountability, and regulation to protect these vital businesses and the communities they serve.

 Contact details

Website link: www.sunsetautodetroit.com

Company name: Sun Set Auto Inc

Contact person: Dan Wells

Target Country: USA

City: Detroit

Email: sunsetautodetroit@gmail.com

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Related Topics:
Continue Reading

Press Release

Blenix Chain Announces Upcoming Presale for BLX Token, Ushering in a New Era of Real-World Blockchain Utility

Published

1 hour ago

on

April 30, 2025

By

Newbury, England, 30th April 2025, ZEX PR WIRE,  In a move set to redefine how blockchain connects with the real economy, Blenix Chain has officially announced the upcoming presale of its native token, BLX. Positioned at the intersection of innovation, sustainability, and practical business applications, Blenix Chain is gearing up to launch one of the most anticipated blockchain projects of the year.

Designed to power a new generation of decentralized solutions, Blenix Chain introduces a robust infrastructure tailored for industries like real estate, supply chains, and asset tokenization. With real-world use cases at its core, Blenix Chain is not just another blockchain — it’s a movement toward practical and responsible adoption.

“Blenix Chain is engineered for real-world transformation,” said a spokesperson for Blenix Technology. “The BLX Token will be the lifeblood of an ecosystem where blockchain isn’t just theoretical — it’s tangible, sustainable, and impactful.”

BLX Token Presale: What to Expect

The upcoming BLX Token presale offers early supporters an opportunity to participate in the foundation of the Blenix ecosystem. Key highlights include:

  • Limited Allocation: A strategic portion of BLX tokens will be available at preferential rates during the presale phase.

  • Utility-Driven: BLX will fuel network transactions, governance, staking, and ecosystem rewards.

  • Incentives for Early Adopters: Participants in the presale will be eligible for exclusive benefits, including bonus allocations, staking multipliers, and priority access to ecosystem launches.

Full presale details, including participation guidelines, allocation sizes, and eligibility criteria, will be unveiled in the coming days on the official website: blenixchain.io.

Why Blenix Chain?

At a time when the blockchain industry is seeking deeper relevance beyond speculative trading, Blenix Chain stands out by focusing on utility, compliance, and scalability. Its architecture enables low-cost, high-speed transactions while maintaining the flexibility needed for customized business applications.

Blenix Chain also reinforces its commitment to responsible innovation by integrating sustainability frameworks and fostering partnerships that align with its mission of real-world impact.

About Blenix Chain

Blenix Chain is a next-generation blockchain ecosystem built for real-world business applications. Powered by the BLX Token, Blenix Chain offers scalable, efficient, and sustainable blockchain solutions across industries, helping bridge the gap between technology and tangible economic value.

Follow Blenix Chain’s journey:

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

The Rise of Funded Trading Accounts: How Supertrade is Leading the Shift Away from Retail Trading Models

Published

1 hour ago

on

April 30, 2025

By

Structural changes in the global trading landscape. As retail traders find it increasingly difficult to participate in the world of trading, the world of trading is undergoing a structural shift. Leading the charge is Supertrade – the next-generation prop trading platform that provides a profitable, sustainable solution away from ‘traditional’ retail models.

The retail trader has for years struggled with limited capital and extreme market volatility, not to mention a stark absence of institutional support. Traditional brokers offer not much more than plain execution, and that is simply not enough protection and support for individuals. It’s a landscape that has made growth consistent with the accounts hard, and survival even harder. 

Now, a better solution has emerged. Funded trading accounts are rapidly gaining traction, and Supertrade trading is leading this new wave with a comprehensive and accessible approach to professional trading.

While the retail scheme has traders funding their own accounts and accepting full risk responsibility, prop trading turns the equation on its head. They provide access to significant trading capital and offer exclusive risk management rules to traders (unlike retail trading accounts). This allows traders to only focus on their execution and performance.

The Supertrade platform offers two core funding routes, catering to different levels of experience and readiness

  • Instant Funding: For traders ready to begin immediately, with access to up to $100,000 in real capital without evaluation.
  • 2-Phase Challenge: A structured path to prove consistency and earn even larger allocations. 

Upon funding, traders benefit from:

  • Up to $100K in starting capital.
  • Profit splits of up to 80%.
  • Leverage up to 1:100 on Forex, 1:50 on indices, metals, and oil, 1:2 on crypto.
  • Clearly defined drawdown rules: 5% daily, 10% total.
  • Access to a wide range of markets, including Forex, crypto, oil, indices, etc. 
  • Transparent Supertrade pricing – with no hidden charges or maintenance fees.

Supertrade is, at heart, more than just a prop firm – it’s an all-inclusive ecosystem designed from the ground up by traders, for traders. The exclusive Supertrade terminal platform is built for accuracy with live pricing, ultra-rapid execution, and unlimited control. 

Beyond the tech stack, traders are supported with:

  • The Supertrade Academy – A dedicated learning hub with courses on risk, strategy, and challenge preparation.
  • An in-depth analytics centre and regularly updated blog, with insights from top-performing prop trading professionals.
  • 24/7 live support – Genuine assistance available at all times.

In addition, traders can benefit from Supertrade’s official page on TradingView, where in-house experts publish fresh trading ideas daily. Each post features detailed market analysis, annotated chart screenshots, and clearly defined trade setups across the most popular assets like Gold (XAUUSD), Bitcoin (BTCUSD), EUR/USD, and more. For example, traders can find real-time insights on potential breakout points, key support and resistance levels, and trend continuation scenarios. 

This structure ensures that both new and experienced traders are fully equipped not just to trade, but to grow.

About the Company — Supertrade

Supertrade is a global proprietary trading platform designed to empower traders with access to substantial capital. Built by an experienced team of trading professionals, each with over five years of expertise in the industry, Supertrade combines transparent funding models, robust risk management, and comprehensive educational resources. Supertrade operates under a legal framework, ensuring compliance and security for its users across multiple regions.

For further details, visit the following link: Website || X || Linktree

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

Published

2 hours ago

on

April 30, 2025

By

CAI Community, founded by Alaric Bennett, launches new interactive tools designed to elevate investment education. These features provide hands-on learning experiences, enabling investors to refine strategies and apply real-world market insights to optimize their investment decisions.

CAI Community, the premier investment education platform founded by renowned hedge fund expert Alaric Bennett, is proud to announce the launch of new interactive learning tools aimed at enhancing the educational experience for investors. The newly introduced tools offer hands-on, practical learning opportunities that empower users to build strategies, analyze market trends, and gain deeper insights into investing techniques.

CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

The expansion of CAI Community’s educational features is part of the platform’s ongoing mission to provide comprehensive, accessible, and actionable investment education. The new learning tools are designed to bridge the gap between theory and practice, allowing investors to apply concepts in real-world scenarios and develop their own personalized strategies.

“We believe that true investment mastery comes from understanding the markets and applying knowledge in a practical way,” said Alaric Bennett, Founder of CAI Community. “These new interactive tools allow investors to gain real-world experience, helping them become more confident and capable in managing their own portfolios.”

Key Features of the New Interactive Learning Tools:

Strategy Simulations: Users can build and test their own investment strategies in a risk-free environment, learning how to analyze market trends and make informed decisions.

Market Analysis Exercises: Interactive exercises provide users with the chance to study market data and make decisions based on live scenarios, helping them develop critical thinking skills for investment success.

Customizable Learning Paths: Investors can tailor their learning experience based on their goals, preferences, and knowledge level, ensuring that each user gets the most out of their education.

Real-World Case Studies: The platform features a library of case studies based on successful (and unsuccessful) real-world investments, allowing users to understand the challenges and rewards of different investment approaches.

These new features are designed to cater to both beginner and advanced investors, offering engaging educational content that can be applied directly to their investment strategies. Whether users are learning how to read market indicators or designing their first portfolio, the interactive tools provide practical insights that help them grow their financial knowledge.

CAI Community’s expansion also includes new investment workshops and expert-led webinars that complement the interactive tools, giving users direct access to industry professionals and a deeper understanding of financial markets.

“Our goal is to create an environment where investors can not only learn from experts but also experience the decision-making process firsthand,” said Bennett. “This approach gives them the confidence to make smarter investment choices in real-world situations.”

For more information on how CAI Community’s new interactive learning tools can help you master investment strategies, visit CAI Community.

About CAI Community CAI Community, founded by Alaric Bennett, is an investment education platform that offers personalized strategies and hands-on learning tools to empower investors. With a range of resources including simulations, expert-led workshops, and real-world case studies, CAI Community equips investors with the knowledge and experience needed to succeed in financial markets.

Media Contact

Organization: CAI Community

Contact Person: Joshua Perry

Website: https://thecaicommunity.com

Email: Send Email

Country:United States

Release id:27065

Disclaimer: The information provided by CAI Community is for educational purposes only and does not constitute financial, investment, or trading advice. CAI Community is not a registered investment advisor, broker-dealer, or financial institution. All content, including strategy simulations, market analysis exercises, case studies, and webinars, is intended to support learning and does not guarantee any specific investment outcome. Users are solely responsible for their investment decisions and should consult with a qualified financial advisor before making any financial commitments. Past performance referenced in case studies or examples is not indicative of future results. Use of the CAI Community platform is subject to the platform’s terms and conditions.

View source version on King Newswire:
CAI Community Enhances Investment Education with Alaric Bennett’s Latest Learning Innovations

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

file

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us