LeasingCompany


Canadian leasing companies sue gov't and automakers over high car prices

Due to a slumping greenback, the Canadian Loonie and the U.S. dollar are worth roughly the same amount, but the price of most new cars in Canada haven't made the adjustment. Two leasing companies are suing the Canadian government, BMW Canada Inc., Mercedes-Benz Canada Inc. and Mercedes-Benz USA LLC for a cool billion dollars, but not because of the uncompetitive pricing in the United Province. The leasing companies have filed suit because strict import rules are preventing the companies from buying cars in the U.S. and selling them in Canada. ... Read more →

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Autoblog Podcast #155: 'Twas the night before LA...

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