Leasing

Monthly payments, loan terms up in Q2, Experian says

1:49 pm U.S. ET | Aug. 27, 2015

The average monthly payment increased and new-vehicle loan terms grew during the second quarter as average U.S. transaction prices for new cars and light trucks rose, Experian Automotive reported today....
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Millennials are developing parents' taste for Jaguars, Cadillacs

6:51 am U.S. ET | Aug. 17, 2015

Millennials are developing a taste for expensive -- and even luxury -- automobiles and taking out cheap leases so they can afford them. Lexus, Jaguar, Cadillac and Acura are among the top 10 brands leased by millennial buyers, along with other pricey cars like Subaru, Mini and Buick, according to Edmunds.com...
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Lexus, with summer deals, grabs monthly luxury crown over Mercedes, BMW

3:15 pm U.S. ET | Aug. 3, 2015

Lexus scored its first monthly win this year in U.S. luxury-vehicle deliveries, riding an annual summer sales push and the new NX crossover past German rivals....
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Nissan, Honda outpace the market on crossovers, sedans

5:30 pm U.S. ET | Aug. 3, 2015

American Honda Motor Co. and Nissan North America both showed solid sales growth in July, thanks to brisk sales of small crossovers, midsize sedans and luxury cars, data released today show....
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Weak car, Scion results offset strong truck deliveries at Toyota

5:30 pm U.S. ET | Aug. 3, 2015

Toyota Motor Corp. reported flat sales in July as a big win for its Lexus brand and strong truck sales were offset by weak performances by its top sellers on the car side, the Camry and Corolla, and at Scion....
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Mazda slips 7.1% as little minivan is phased out

4:30 pm U.S. ET | Aug. 3, 2015

Mazda's U.S. sales fell 7.1 percent last month to 27,157 units, largely because of a phase-out of the six-seat Mazda5....
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Ford rises 5% on crossovers, higher F-150 spiffs

1:00 pm U.S. ET | Aug. 3, 2015

The Ford F-series pickup achieved its first year-over-year sales increase since January as Ford Motor Co. posted an overall U.S. sales gain of 5 percent last month, to 222,014 vehicles, figures released today show....
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Audi's crossovers and Golf family boost VW group

1:00 pm U.S. ET | Aug. 3, 2015

Surging crossover demand propelled Audi to another monthly U.S. sales record while the Golf lineup continued to stoke demand at the Volkswagen brand in July....
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Pickups, retail sales power GM's 6.4% gain

12:45 pm U.S. ET | Aug. 3, 2015

General Motors' U.S. July sales rose 6.4 percent on strong retail volume, including a 28 percent surge in deliveries of its profitable full-size pickups....
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FCA advances 6.2% as Jeep juggernaut rolls on

12:15 pm U.S. ET | Aug. 3, 2015

Jeep’s 23 percent sales increase in July powered Fiat Chrysler to a 6.2 percent gain in the U.S. Deliveries at Chrysler and Ram were also up for the month, but Dodge and Fiat volume fell....
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Uber launches car leasing unit, makes entry into financial services

11:56 am U.S. ET | July 30, 2015

Uber Technologies has launched its own auto leasing subsidiary to seek more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time....
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LETTER TO THE EDITOR

A role for dealers in lease transfers

12:01 am U.S. ET | June 29, 2015

I read with great interest about James B. Treece's experience in assuming the short-term lease of a Chevy Volt ("Mixed reviews are in after assuming lease for Volt," June 8). I agree with him. Dealers should have a role in the lease-transfer process....
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VW Jetta leases as cheap as iPhone plans show company's U.S. travails

6:40 am U.S. ET | June 1, 2015

The $89 a month it takes to lease a Jetta at some U.S. dealerships is about as low as the price of using an iPhone on some cell phone plans. It's also a sign of how Volkswagen is grasping to turn around its fortunes in the U.S....
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Dodge Dart lease subsidies eliminated

12:01 am U.S. ET | May 4, 2015

Fiat Chrysler is telling dealers in one region to consider cutting back orders of the Dodge Dart after the company said it is reducing lease support for the compact car....
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Leases to get more expensive, ALG says

12:01 am U.S. ET | March 28, 2015

Low-cost monthly auto leases will become more expensive over the next couple of years, predicts ALG President Larry Dominique. That's because the supply of used light vehicles -- especially those 3 to 5 years old -- returning to the market will rise significantly, lowering used-vehicle prices and residual values to prerecession levels....
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Leases grease pickup sales

12:01 am U.S. ET | March 16, 2015

Pickups are beginning to emulate luxury vehicles, with their exclusive-sounding model names, fancy features such as vented seats, and $50,000 price tags. Here's another similarity: More customers are leasing them....
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JIM HENRY

BLOG: GM Financial-Chevy lease exclusivity seems likely

11:15 am U.S. ET | Feb. 18, 2015

There wasn't much doubt, but General Motors disclosed for the first time in an SEC filing that it is considering plans to throw all Chevrolet lease incentives to GM Financial instead of sharing them among GM Financial, Ally Financial and U.S. Bank....
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Auto sales forecast calls for a hot January

4:00 pm U.S. ET | Jan. 27, 2015

Forecasters say U.S. auto sales have begun 2015 much stronger than 2014, when a deep freeze kept shoppers away from many dealerships in much of the country. General Motors is expected to post nearly a 20 percent increase, with the other Detroit 3 automakers also on track for double-digit gains....
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Certified used sales poised for another record

12:01 am U.S. ET | Jan. 26, 2015

Buoyed by an uptick in off-lease vehicles flowing back into the market, the industry will sell at least 2.5 million certified used vehicles this year, breaking last year's record, some analysts predict....
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More off-lease pickups, SUVs and crossovers in 5 years, KBB says

6:23 pm U.S. ET | Jan. 11, 2015

Cars dominated the top segments of vehicles coming off lease in 2014, but the segments with the most projected off-lease growth in 2019, vs. 2014 volumes, will be SUVs, crossovers and pickups, analysts from Kelley Blue Book predicted Sunday....
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Acura expects leasing to rise

12:01 am U.S. ET | Dec. 22, 2014

Acura should see a "steady lift" in leases as part of its U.S. sales volume in 2015, Mike Accavitti, Acura general manager, said....
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Toyota sees fuel cell car, priced at $57,500, gaining traction in small steps

8:00 pm U.S. ET | Nov. 17, 2014

Toyota said it plans to sell close to 200 of its Mirai -- it means “future” in Japanese -- fuel-cell sedans when it goes on sale in California in late 2015, and 3,000 units by the end of 2017 as it expands marketing to cover the Northeast U.S....
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How remarketers get the most from off-lease vehicles

12:01 am U.S. ET | Nov. 17, 2014

With the number of off-lease vehicles returning to the market expected to rise steadily and sharply over the next several years, automakers say it is crucial to have programs that enable them and their dealers to sell used vehicles quickly and for as much money as possible....
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