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Tuesday, April 12, 2022

GM cuts deal to help juice EV batteries | Hyundai to build EVs and hybrids in Alabama | CarMax used-car sales fall | Honda pours $40 billion into electrification | Penske buys BMW-Mini dealership

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Tuesday, April 12, 2022
Jose Munoz in New York
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Hyundai to build Genesis GV70 EV, hybrid Santa Fe at its Alabama factory

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CarMax Logo
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CarMax used-car sales fall on dwindling consumer confidence

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Mibe

Honda pours $40 billion into electrification, targets 2 million EV production by 2030

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Ferrari
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RDS Automotive Group buys Philadelphia-area Ferrari, Nissan dealerships

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Penske Automotive Group buys BMW-Mini dealership

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Credit Acceptance

The Credit Acceptance Portfolio Program

Unlike traditional finance companies, we keep paying you AFTER you close the deal. With Credit Acceptance, you can get paid a piece of future collections - up to an 80% piece - through our Portfolio Program.

 

We pay on average $180 million a year of future collections to dealers in our program.

 

Watch our video "Credit Acceptance VS. The Competition" to see how we differ from the competition.

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It's best to consider the 2023 Toyota bZ4X EV 'by the numbers'

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Lucid
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Lucid leverages demand for Air EV with $179,000 performance version

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2023 Nissan Pathfinder Rock Creek is a more rugged package

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Volvo, Polestar rivalry starts to take shape

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Wallbox starts construction of EV charger plant in Texas

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