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Chrysler to resume leasing vehicles soon?
In late July 2008, Chrysler announced that it would stop leasing vehicles effective August 1. The news helped exasperate the decline of Chrysler group vehicle sales while giving customers fewer options for getting into a new vehicle. After leasing was discontinued, Chrysler's market share dropped from 11.3. The decline came in part because of Chrysler's very public bankruptcy proceedings and its lackluster product lineup, but there is little doubt that the end of vehicle leasing was also a major contributor to the automaker's precipitous ... Read more →
2010 Nissan Leaf electric car: In person, in depth - and U.S. bound [*UPDATED w/vids & live photos] Chris Paukert
It would be easy to paint Nissan as late to the burgeoning U.S. green party, as the company essentially only counts the Altima Hybrid to sell among its alt-fuel offerings – and that sedan ...
REPORT: GM to resume leasing luxury vehicles on Aug. 1 Jonathon Ramsey
Just in time for the weekend, rumor has it that General Motors and GMAC plan to crank up the leasing machine again on August 1. When GM stopped the practice last year, leases made up 20% of its ...
Fleeting Fortune: Courts asked to cancel Madoff's car leases Noah Joseph
There are many jobs in the world which we wouldn't want. Ranking high among them is Irving Picard's. He's the guy stuck with managing the liquidation of Bernie Madoff's firm. Having purportedly ...
GMAC dramatically cut back on leases in September Chris Shunk
Leasing is down industry-wide by about 50% from 2007 levels, but General Motors' captive credit arm took an even bigger bite out of its vehicle leasing in September. GMAC leased only 2% of all GM ...
Featured:First Drive:2010 BMW X6 ActiveHybrid is technologically impressive... but to what end?
Featured:First Drive:2011 Mercedes-Benz SLS AMG straightens up and flies right-
Breaking:
2011 Buick Regal returns with four-cylinder only engine lineup
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While Supplies Last: Pontiac says only 16 G8 GXPs left at U.S. dealers (among other things)
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From Cobra to Corvette: Superformance to introduce 1963 Grand Sport replica
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Green:
Drive the Model S (or maybe just the Tesla Roadster) in Gran Turismo 5
Breaking news:
In lieu of leases, Chrysler wants you to "Shop 'til you Drive" 1 year ago on Autoblog
Chrysler's departure from the leasing game certainly isn't going to help dealers move stale product off their lots, so the automaker has announced a new sales program unimaginatively named the "Shop 'Til You Drive Sales Event." What'll it take to get you into a new Chrysler, Dodge or Jeep vehicle? ...
More leasing woes: Ford Credit takes big hit on trucks and SUVs 1 year ago on Autoblog
Fresh off the news that Chrysler financial will no longer play the leasing game comes word that Ford took a $2.1B charge in the second quarter to offset expected losses from truck and SUV leases. High gas prices have put a huge dent in the truck and SUV market, so when customers turn in their ...
Ford uses March to showcase luxury, value 3 years ago on Autoblog
If you’re in the market for a new vehicle, March may provide an excellent opportunity to buy if a Mercury or Lincoln vehicle is on your shopping list. According to the Detroit Press, FoMoCo will begin a special leasing program this Friday with no money down, no security deposit, and no ...
Autoblog Podcast #152: Paukert Enhanced!
Eddie Alterman wades in with Sam, Chris, Dan, and Jonny to talk about SEMA and other recent events.
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