leasing

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 business, but was costing the General money ...

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 defrauded his clients (including numerous charitable foundations) of over $50 billion, Madoff has ...

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 products in September, and the decision to do so had everything to do with the recent events of the ...

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 ...

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 ...

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 ...