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"In the past five years the number of cars under lease has doubled to more than 600,000 and created a new industry that takes in $750,000,000 a year. The market for leasing is so promising that some 3,000 companies have gone into the business."
Read More →A recent report by the General Accounting Office, the watchdog of the federal government, clearly emphasizes the value of the fleet administrator and points up the strange ways of a bureaucratic government.
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John W. Rollins cites eight reasons why many newcomers to the leasing field are going broke. His reasons are vital to all leasing operators and those considering entry since they have a bearing on the entire industry.
Read More →Hubert Ryan, vice president of the car leasing division of Hertz Corp., was reelected president of the American Automotive Leasing Assn. at the group's recent convention in Palm Springs, Calif.
Read More →Chrysler Corp.'s decision to directly enter the leasing field was based on a simple fact. The company felt it wasn't getting it fair share of the leasing market.
Read More →Top stories include new reports mandating seat belts.
Read More →There is an anti-trust case going on in California that should be of vital concern to fleet operators. It is the federal government’s suit against General Motors Corp. and its Chevrolet division.
Read More →"I think the car rental business is damn attractive," Leopold said. "It has all the growth potential a businessman could want, especially in a smaller town. Why, we're just getting our feet wet here."
Read More →A leased truck fleet can be tailored to meet a company's needs...with many distinct financial advantages
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AF's first national survey of the leasing and renting industry finds that the billion-dollar industry, like so many other businesses, is faced with a multitude of problems, some can be easily solved; others are more difficult. Nevertheless, they concern all leasing and renting operators.
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