NEW YORK – General Motors Corp. is making contingency plans for avoiding a catastrophic drop in volume in the Northeast because its financing arm, GMAC, no longer will issue conventional leases after May 1. "We will develop other (leasing) products," says Brent Dewar, GM Northeast regional sales manager. "But they may not be as attractive to some customers," he says, as they may be more expensive. The GM executive says the impact on dealers would depend on the amount of leasing business ...

Premium Content (PAID Subscription Required)

"Leasing Limbo Has GM, Politicians Scrambling" 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.