Credit Acceptance Corp. Q3 2023 earnings: CACC net income dropped 18 percent year over year to $70.8 million, dragged down in part by the major used-vehicle lender having to pay more for the funds it loaned car shoppers. But third-quarter car loan originations rose 13 percent, and they’ve been up materially in October.
If Gov. Ron DeSantis wins a federal lawsuit in which Disney claims its free speech rights were violated by the Republican leader, the company won’t be the last entity to be punished over supporting a “disfavored viewpoint,” Disney said in court papers on Monday.
The First Amendment protects the right of free speech even if it goes against government powers, Disney said in court documents asking a judge to reject DeSantis’ motion to dismiss the entertainment giant’s First Amendment lawsuit in Tallahassee.
The Disney lawsuit says DeSantis unconstitutionally revamped and took over Walt Disney World’s governing district in retaliation after Disney publicly opposed a state law banning classroom instruction on sexual orientation and gender identity in early grades.
“If the line is not drawn here, there is no line at all,” Disney’s filing said. “The retaliation against Disney for crossing the Governor’s ‘line’ was swift and severe: for the explicitly stated purpose of punishing Disney for its comments, the State immediately stripped Disney of its voting rights in the governing body that oversees Disney’s use of its own private property.”
But there is a disconnect: EV fluctuations today won’t determine long-term trends, analysts say.
Toyota is on track for another year of strong gains thanks to robust demand and improving supply conditions.
Higher volumes, stable pricing and improving logistics helped Stellantis reduce the damage of the UAW’s campaign of strikes in the U.S.