Lease Company Amalgamations Reduce Competition And Increase Rates

Monday, 13. December 2010

Recently we have seen another couple of leasing companies amalgamate reducing the competition in the marketplace. This isn’t good news for the industry and it certainly isn’t good news for the customers as it continues to erode the competition. There are also fewer leasing companies dealing with brokers and the withdrawal of  consumer business by some, most notably Lombard, has resulted in a major contraction of the UK lease market and fewer great deals available. There has been an Read more »

Fiat Increase Stake In Chrysler Are More Takeovers Planned?

Monday, 26. April 2010

We expect to see some changes in ownership of car manufacturers as we come out of recession, the latest of which is the increased ownership of Chrysler by Fiat. The deal will include Jeep and Dodge. Fiat took a 20% stake in ailing Chrysler last summer and have announced an increase in their stake to 35% if targets are met over the next 2 years. Chrysler registrations were down by 42.8% last year over 2008. Future Read more »