UPDATE 1-Chrysler ending leasing in New York

Newswire

(Adds background, details throughout) DETROIT, March 25 (Reuters) - DaimlerChrysler's Chrysler division on Thursday became the latest automaker to stop offering auto leases in New York due to a law that holds leasing companies, rather than drivers, liable for accidents. The company's finance arm, Chrysler Financial, said its exit from the New York lease market would take effect May 1. Chrysler said it was pulling out of the market because of New York's so-called "vicarious liability" ...

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