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ALI has grown rapidly at a compounded annual rate of 25 percent, since its formation as a division of Associates Commercial Corp. in 1978. Ranked 17th in the industry in 1986, ALI is finding the climb to the top is getting tougher.
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In the following article, AALA's President John Kolb addresses the current and future status of the automotive leasing industry. Also, five other vehicle lessors offer their observations on the industry's outlook.
Read More →After attending the National Automobile Dealer Association (NADA) annual convention in San Francisco, one might find it difficult to distinguish this experience from a massive, continuous grazing party. Dealers, exhibitors, and the press do more than a yeoman's job consuming hors d'oeuvres and booze at an almost incredible rate. I'm convinced that that part of our economy need not be concerned about a recession.
Read More →What are the most important factors when making a purchasing decision?
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The history of Major Leasing. Inc. of Atlanta. GA. is a short one. That's because the company was founded just a short time ago, in January 1986. The history of its president, Woody Briscoe, is a bit longer and combines three pieces of a puzzle that spells success. The three parts include Briscoe himself. Snap-on Tools independent dealers, and Lynch Display Vans, Inc.
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Richard Catino has made significant accomplishments in automation, efficiency, and cost savings at Digital Equipment Corp.
Read More →As expected (and already accepted) the Investment Tax Credit (ITC) is out as of January 1, 1986.
Read More →The bill bans incentives to non-dealer and non-dealer-affiliated Iowa daily rental and leasing firms.
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From jobs in banking, insurance, and car sales to the top fleet position at giant IC Industries, Pierce Walsh has truly "done it all" in the fleet and leasing industry. In this interview, Walsh recounts the challenges -- and the change.
Read More →After serving as Buick fleet head from 1980-81, Bob Henderson's now back in that post, attempting to turn the division's sagging sales record around. In this interview, AF's Ed Bobit asks Henderson how he plans to do it.
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