Southfield, Michigan — Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the “Company”, “we”, “our”, or “us”) announced consolidated net income of $50.0 million, or $1.91 per diluted sh

New car interest rates at automotive finance firms jumped in September 2011 to the highest levels this year, according to the Federal Reserve’s Consumer Credit Report for September 2011. The average interest rate for new car loans in September 2011

HERNDON, Va. — Audi announced that AUTOMOBILE Magazine selected the Audi A7 as its 2012 Automobile of the Year.  AUTOMOBILE editors selected the A7 for its embodiment of everything a luxury buyer would want in a car – design, performance, an

Auburn Hills, Mich. –   The Jeep® brand is taking consumers on a journey that blurs the lines of reality and the world of “Call of Duty®: Modern Warfare® 3” in its advertising and marketing campaign for the new 2012 Wrangler Call of Dut

I was working in a dealership’s conference room recently when a sales manager brought three “greenpeas” in for special training. His first question was: “How many cars do you have to sell a month to stick around here?” All three mumbled “

According to the National Highway Traffic Safety Administration, General Motors is recalling almost 40,000 2008-2009 Pontiac G8 vehicles to fix a problem with the airbag sensor. The website said there could be a delay between when the airbag is senso

Owatonna, Minn. – OTC, an SPX® Brand, has unveiled its award winning Heavy-Duty Brake Drum and Rotor Puller (P/N 6980), specifically designed to offer automotive technicians and service professionals the ability to handle large component pull

DETROIT — Ally Financial Inc. launches Ally Buyer’s Choice, an industry-first product offering for U.S. dealers and customers on new 2011 and 2012 General Motors and Chrysler vehicles. Ally Buyer’s Choice is an innovative financing

Clearwater, Florida – Nicholas Financial, Inc., that for the three months ended September 30, 2011 net earnings increased 39% to $5,520,000 as compared to $3,982,000 for the three months ended September 30, 2010. Per share diluted net earnings