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News•July 17, 2009

Lease Standard Revisions Too Complex, Says ELFA

WASHINGTON - The Equipment Leasing and Finance Association (ELFA) released a statement July 17 on proposed revisions to lease accounting standards (FAS 13) and submitted a comment letter to the Financial Accounting Standards Board.

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News•July 17, 2009

GM Not Rebadging G8 as Caprice, Says Lutz

DETROIT - Bob Lutz, marketing chief for General Motors, confirmed the former Pontiac-brand G8 will not be carried over to the Chevrolet Division as a Caprice model.

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News•July 15, 2009

Former American Leasing Corp. President Pleads Guilty to Embezzling $6.2M

CAMDEN, NJ - John "Jack" Manning, former president of American Leasing Corporation, pled guilty July 14 to embezzling approximately $6.2 million from the company.

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News•July 14, 2009

Ford Announces 2010-MY Incentives

DEARBORN, MI - Ford Motor Company has announced fleet incentives for several 2010-MY Ford, Mercury, and Lincoln vehicles. Incentives range from $500-$5,500.

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News•July 14, 2009

GM Announces 2010-MY Incentives

DETROIT - General Motors has announced fleet incentives on several 2010-MY Buick, Cadillac, Chevrolet, and GMC brand vehicles, ranging from $250-$3,000.

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News•July 14, 2009

Pontiac G8 May Shift to Chevrolet Brand

DETROIT - Reports are circulating about the possibility of the Pontiac G8 being re-branded as the Chevrolet Caprice.

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News•July 14, 2009

LAST CHANCE to Vote for Fleet Hall of Fame

TORRANCE, CA - Voting to determine inductees for the 2009 Annual Fleet Hall of Fame ends this Friday, July 17. Cast your vote now!

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News•July 14, 2009

QEK Appoints Vice President of Business Development

BLOOMFIELD HILLS, MI - QEK Global Solutions announced the addition of Kelly Henderson to its team in the role of vice president of business development.

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News•July 14, 2009

ARI Hosts 5th Annual Custom Car Show, Honors Veteran with Restored Muscle Car

MT. LAUREL, NJ - ARI hosted more than 50 vehicles at the event, and approximately 300 spectators browsed the show grounds.

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News•July 10, 2009

New GM Officially Launched

DETROIT - The "unretirement" of Bob Lutz, downsizing of senior management positions and committees, and a new "Tell Fritz" Web site are just a few of the updates announced with the launch.

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