Ford Motor Credit, Ford Motor Co.’s auto financing arm, says it will begin offering its Red Carpet Option Plan in Rhode Island early next month due to the state’s vicarious liability laws. The outdated laws already have come under much scrutiny in other states, most recently New York, because they hold the leaseholder responsible for damages in the event of an accident. (see related story: NY Senate OKs Leasing Vicarious Liability Reform) Ford Credit says high stakes lawsuits in the ...
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