leases

The Detroit 3 aren't the only automakers feeling the hurt from lease vehicles coming back worth much less than expected. Leases account for 60% of BMW's sales in the U.S. compared to just 20% of sales in the industry as a whole. As such, BMW will begin offering incentives like never before to ...

Chrysler LLC's financial division will no longer be offering leases to U.S. consumers on Chrysler products as of August 1st. The automaker will be holding a conference call with dealers later today to go over the changes and the reasons behind the decisions, but Chrysler spokesperson, Bill Porter, ...

Toyota unveiled the 2007 Tundra pickup at the Chicago Auto Show earlier this year. The automaker, however, doesn't want potential customers to wait for the new vehicle, which won't arrive at dealerships until early next year. So the company is spending millions on incentives, low interest rates, ...