Chrysler's financial arm to stop leasing vehicles


DETROIT, July 25 (Reuters) - Chrysler LLC's financial arm is planning to stop offering vehicle lease options to U.S. consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday. "We are shifting our strategy to focus on retail products," he said. "Effective August 1 we will no longer offer lease products in the United States." (Reporting by Poornima Gupta, editing by Phil Berlowitz)

Premium Content (PAID Subscription Required)

"Chrysler's financial arm to stop leasing vehicles" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×