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The new president and CEO explains how Mike Albert Fleet Solutions plans to invest in technology, data, and people without losing the personal service fleet customers value.
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While the commitment by Xerox to LMV Leasing, Inc. has made possible much of the lessor's growth to date, future plans are based on a well-defined mission which involves the entire spectrum of the company's activities.
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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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The story of the Colorado Kerrs and General Electric Credit Corp.
Read More →A war in which one side has The Bomb … and the other has a couple of slingshots. That’s how some industry members view bank entry into the vehicle leasing market, where an ample source of funds can mean low rates.
Read More →It’s a mature market characterized by canny lessees, innovative financing, new emphasis on vehicle services, and heightened competition for regional primacy. And it could all change – overnight. That’s the consensus of experts Automotive Fleet asked to forecast the future of U.S. commercial vehicle leasing.
Read More →Bank activity in direct leasing programs will channel funds away from independent lessors.
Read More →Popularity of intermediates shows continuing upward trend. Fleet operators remain big lessees. Light truck use growing.
Read More →If you can imagine for a moment that a leased car is a block of ice that begins to melt as soon as it is driven out of a showroom, you are well on your way to understanding the modern concept of automobile leasing.
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More and more car dealers are entering the automobile leasing business, an area not restricted to domestic car dealers. Fred Miller, as a strong example, is a Quality Datsun Dealer located in Van Nuys, California, who began his own auto-leasing business in 1967.
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Leasing is not a panacea. But it should be considered, weighing its advantages vs. disadvantages.
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