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Credit Acceptance Announces Third Quarter 2011 Earnings
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 share, for…
Dealer NewsGM Reports Net Income of $1.7 Billion
DETROIT – General Motors Co. today announced third quarter net income attributable to common stockholders of $1.7 billion, or $1.03 per fully-diluted share. In the third quarter of 2010, GM’s…
Dealer NewsNew Car Interest Rates Hit Record Levels
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…
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