Buying out a $1 billion lease at a discount to its original asking price will make the Detroit automaker one of the most valuable automakers in the world. The deal also includes a $2.4 billion buyout of basecamp leases for lease buyouts, a $750 million buyout for its rental vehicle business, and a $300 million buybackRead More
basecamp leasing
How Ford leased its Volvo XC90 from GM and Honda
General Motors’ Volvo Xc90, one of the company’s best-selling vehicles, has been leased from Ford Motor Company for more than 20 years.The lease system was first introduced to GMs dealers in 1996.It allows Ford to lease vehicles from other automakers in exchange for certain financial incentives and discounts.The program allows Ford and GM to avoidRead More
Why the $1.2 trillion sale of GM will be a boon for workers and the middle class
This deal will help make sure millions of jobs are created and create hundreds of thousands of jobs for people working at GM, and they will pay off big time.The deal could help make it easier for workers to find jobs in a number of industries that have struggled under a Trump administration that hasRead More
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