Post Tagged with: "car leasing business"

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Ally Financial to repay U.S. Treasury in full by 2014

Ally Financial to repay U.S. Treasury in full by 2014

Ally Financial will repay the U.S. Treasury for its bailout by 2014 on the strength of its auto-finance business, its CEO said. The second-largest remaining investment by the U.S. Treasury’s bailout fund, Ally Financial can make a significant payment this year toward the $14.6 billion still outstanding from the Treasury’s […]

Mercedes Benz to start leasing operations in India

Mercedes Benz to start leasing operations in India

Germany’s automaker Mercedes Benz on Tuesday started its car leasing business in the Indian market. The new scheme will allow customers to lease vehicles on a monthly rental for a period ranging from 12 to 36 months. “Star Lease” will be provided through Daimler Financial Services India, a subsidiary of […]