Vehicle leasing

GATX Corporation Acquires Tank Container Lessor Trifleet Leasing

Retrieved on: 
Wednesday, December 30, 2020
Business law, Contract law, Articles, Private law, Law, Lessor, New York Stock Exchange, Vehicle leasing, General American Marks Company

CHICAGO, Dec. 30, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced its acquisition of Trifleet Leasing Holding B.V., the fourth largest global tank container lessor.

Key Points: 
  • CHICAGO, Dec. 30, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE:GATX) today announced its acquisition of Trifleet Leasing Holding B.V., the fourth largest global tank container lessor.
  • We are committed to strengthening Trifleets position in the tank container leasing market by leveraging GATXs extensive global customer base and experience in managing long-lived, widely used transportation assets.
  • GATX Corporation (NYSE:GATX) strives to be recognized as the finest railcar leasing company in the world by our customers, our shareholders, our employees and the communities where we operate.
  • As the leading global railcar lessor, GATX has been providing quality railcars and services to its customers for over 121 years.

Wantalease.com: Pickups and SUV Lease Payments Increase Entering December

Retrieved on: 
Tuesday, December 15, 2020
Cars, Business law, Contract law, Leasing, Compact cars, Sedans, Lease, Sport utility vehicle, Chevrolet, Volkswagen Jetta, Vehicle leasing

CINCINNATI, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Wantalease.com, the nations first online car lease marketplace for new lease deals, reports the latest update on new lease offerings entering the month of December.

Key Points: 
  • CINCINNATI, Dec. 15, 2020 (GLOBE NEWSWIRE) -- Wantalease.com, the nations first online car lease marketplace for new lease deals, reports the latest update on new lease offerings entering the month of December.
  • While most automotive brand payments remained steady, many SUV and pickup models saw payment increases.
  • Among the most notable are the Ford Ranger, with a +14.86% increase from November, the Chevrolet Traverse with a +14.65% increase, and the Honda Pilot with a +11.15% increase.
  • The A3 decreased by -11.26%, bringing monthly payments to $294 per month, the Corolla decreased by -7.56% bringing monthly payments to $189 and the Jetta decreased by -4.07%, bringing payments to $229 per month.

DGAP-News: Sixt Leasing SE again wins the 'Company Car Award' of AUTO BILD as best leasing provider

Retrieved on: 
Thursday, December 3, 2020
Sixt, Societates Europaeae, Leasing, Vehicle leasing, Economy, Pullach, Articles, Trade, Draft:Autohaus24

Pullach, 3 December 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has been awarded the "Company Car Award" by AUTO BILD.

Key Points: 
  • Pullach, 3 December 2020 - Sixt Leasing SE, a leading provider in online direct sales of new vehicles in Germany as well as specialist in the management and full-service leasing of large fleets, has been awarded the "Company Car Award" by AUTO BILD.
  • The readers of Europe's largest automobile magazine elected the company as the winner in the "Leasing" category.
  • With the "Company Car Award", Sixt Leasing SE has already won the third prize this year.
  • In addition, autohaus24.de received the rating "High Recommendation" in the category "Car leasing: online providers" in the FOCUS-MONEY study "Recommended by customers".

Senmiao Technology Announces Launch of Proprietary Ride-Sharing Platform

Retrieved on: 
Wednesday, November 18, 2020
Transport, Shared transport, Renting, Business law, Contract law, Leasing, Vehicle leasing, Carpool

As part of its goal to provide an all-encompassing solution for ride-sharing drivers, Senmiao is now operating its own online ride-sharing platform as a means of connecting drivers and riders in Chengdu.

Key Points: 
  • As part of its goal to provide an all-encompassing solution for ride-sharing drivers, Senmiao is now operating its own online ride-sharing platform as a means of connecting drivers and riders in Chengdu.
  • Senmiao believes that the availability of more online platforms to drivers and riders can help grow its financing and car leasing businesses.
  • While Senmiao intends to focus Xixingtianxiaon drivers that currently finance or lease vehicles through Senmiao, Xixingtianxiais also available to others.
  • Senmiao intends to launch the platform in Changsha, China in the coming weeks.

Accelerating ODO DRIVE adoption signals "end of spreadsheets" for vehicle fleet management

Retrieved on: 
Wednesday, November 18, 2020
Fleet management, Road transport, Vehicle leasing, Economy, Articles, Law

LONDON, Nov. 18, 2020 /PRNewswire/ -- DRIVE Software Solutions, a leading provider of fleet management technology, today announces a near trebling of vehicles on its ODO fleet management platform since April 2020.

Key Points: 
  • LONDON, Nov. 18, 2020 /PRNewswire/ -- DRIVE Software Solutions, a leading provider of fleet management technology, today announces a near trebling of vehicles on its ODO fleet management platform since April 2020.
  • Leasing brokers that are diversifying their business models to introduce recurring revenue streams from fleet management service.
  • Finally, Paul Bulloch of Concept Vehicle Leasing confirmed the enormous time saving capabilities enabled by ODO when he confirmed: "Implementing the ODO fleet management solution can save a business running a fleet of 20, 25 vehicles up to six weeks a year."
  • From bespoke software platforms and consultancy for individual corporates to ODO, our cloud delivered solution for fleet management, DRIVE is at the forefront of the automotive mobility sector.

Accelerating ODO DRIVE adoption signals "end of spreadsheets" for vehicle fleet management

Retrieved on: 
Wednesday, November 18, 2020
Fleet management, Road transport, Vehicle leasing, Economy, Articles, Law

LONDON, Nov. 18, 2020 /PRNewswire/ -- DRIVE Software Solutions, a leading provider of fleet management technology, today announces a near trebling of vehicles on its ODO fleet management platform since April 2020.

Key Points: 
  • LONDON, Nov. 18, 2020 /PRNewswire/ -- DRIVE Software Solutions, a leading provider of fleet management technology, today announces a near trebling of vehicles on its ODO fleet management platform since April 2020.
  • Leasing brokers that are diversifying their business models to introduce recurring revenue streams from fleet management service.
  • Finally, Paul Bulloch of Concept Vehicle Leasing confirmed the enormous time saving capabilities enabled by ODO when he confirmed: "Implementing the ODO fleet management solution can save a business running a fleet of 20, 25 vehicles up to six weeks a year."
  • From bespoke software platforms and consultancy for individual corporates to ODO, our cloud delivered solution for fleet management, DRIVE is at the forefront of the automotive mobility sector.

DGAP-News: Sixt Leasing SE: Operating business development in the first nine months of 2020 in line with expectations

Retrieved on: 
Wednesday, November 11, 2020
Leasing, Sixt, Societates Europaeae, Vehicle leasing, Economy, Articles, Trade

In the third quarter, the business development was particularly affected by the weaker-than-expected recovery of the overall economic situation.

Key Points: 
  • In the third quarter, the business development was particularly affected by the weaker-than-expected recovery of the overall economic situation.
  • In the first nine months of 2020, the expansion of the digital product and service portfolio in particular was further advanced.
  • In the Fleet Leasing business field, Sixt Leasing expanded its cooperation with BSH Hausgerte GmbH in the field of e-mobility.
  • Beyond that, the business model of Sixt Leasing SE will be extended by used car leasing.

MUSA Auto Finance partners with two large financial institutions and is signing up dealers at a record pace

Retrieved on: 
Tuesday, November 3, 2020
Business law, Contract law, Leasing, Vehicle leasing, Economy, Articles, Law

MUSA Auto Finance partners with two large U.S. financial institutions to expand new and used car leasing nationwide.

Key Points: 
  • MUSA Auto Finance partners with two large U.S. financial institutions to expand new and used car leasing nationwide.
  • In fact, our proprietary leasing and lending platform is very popular with our dealer partners nationwide," said Jeff Morgan, CEO of MUSA Auto Finance.
  • "My team and I specialize in new and used auto leasing, which has consistently been the biggest growth sector of auto finance for the past several decades.
  • MUSA Auto Finance is an auto finance company and a technology innovator in the new and pre-owned vehicle industry.

Lease Credit Approval Rates Rise Slightly to 67.6% in September

Retrieved on: 
Monday, October 12, 2020
Contract law, Business law, Articles, Leasing, Private law, Law, Vehicle leasing, Lease

CINCINNATI, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 67.6% approval rate in September, a slight increase from the August rate of 67.1%.

Key Points: 
  • CINCINNATI, Oct. 12, 2020 (GLOBE NEWSWIRE) -- Swapalease.com, the nations largest car lease marketplace, reports car lease credit applicants registered a 67.6% approval rate in September, a slight increase from the August rate of 67.1%.
  • September experienced a slightly higher number of applicants with qualifications for taking over another persons lease contract and one of the highest approval rates for the entirety of 2020.
  • Lease approval ratings have been relatively consistent since March 2020, with slight fluctuations and a dramatic dip in April.
  • Swapalease.com matches a person wanting out of their existing vehicle lease contract with a car shopper looking to take over a short-term vehicle lease.

Car Leasing Market- Actionable Research on COVID-19 |Technavio

Retrieved on: 
Thursday, October 1, 2020
Retail, Automotive, General Automotive, Automotive Manufacturing, Manufacturing, Specialty, Business law, Contract law, Leasing, Vehicle leasing, Marketplace, Economy, Trade, Articles

The large volume production of automotive, the rising population, and the growing spending power will significantly drive car leasing market growth in this region over the forecast period.

Key Points: 
  • The large volume production of automotive, the rising population, and the growing spending power will significantly drive car leasing market growth in this region over the forecast period.
  • China, India, Australia, South Korea, Japan, and Indonesia are the key markets for car leasing services in APAC.
  • The Industrials market is anticipated to have an indirect impact while the car leasing market demand will show At par growth.
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    Off-lease cars has been an instrumental factor in influencing the growth of car leasing market.