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GM’s Electric Vehicle Makeover Reverberates Far Beyond Detroit

PYMNTS

While the wisdom and strategy can be debated, there is no arguing the fact that GM’s decision to wean itself — and the world — off of fossil fuels will have tectonic effects that will be felt far beyond Detroit, and will take along for the ride scores of ancillary businesses that keep America’s love affair with the automobile rolling.

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SUVs Out, Sedans In At Detroit Auto Show

PYMNTS

But you wouldn’t know it by looking at the lineup of this year’s North American International Auto Show in Detroit. luxury market, car sales dropped year on year by 172,000 vehicles, said Bloomberg , while luxury SUV model sales grew by 99,000. Half of the 20 new models unveiled this year were sedans, station wagons and coupes.

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Quicken Loans May Be Readying IPO

PYMNTS

Recently, though, debuts from Warner Music Group, Vroom and ZoomInfo have done very well on their first days of trading, and the IPO market seems to be crawling back to life, as more companies begin to feel encouraged to take the leap to go public.

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Striking a New Chord of Career Success in Consulting

Perficient

He then moved to Detroit to help his friend open a commercial recording studio and took on a position teaching music. The Perficient team gave a presentation on an upcoming Campus Program that our Detroit office would be hosting. After he graduated, he traveled on cruise ships performing nightly entertainment for the guests.

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Vroom eCommerce Sales Platform Raises $254M

PYMNTS

Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans.

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Rocket Cos, Quicken Loans Parent, Files IPO 

PYMNTS

Securities and Exchange Commission, the Detroit-based parent of Quicken Loans and Rocket Mortgage will go public under the name Rocket Companies. Historically, our originations have been more heavily refinancings than the overall origination market,” the filing said. In its application with the U.S.

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Reinventing The Baby Care Market With Exclusive ‘Premium’ Brands

PYMNTS

It is the accessibility center — we grew up in Detroit and have family in Ohio and Oregon,” Bell told WWD. And in terms of the bigger picture, Statista data indicates that the baby care market is expected to rise above a projected $11.4 The Market For Premium Brands. It’s a one-stop-shop. billion in 2018 to $13 billion in 2021.

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