Mercedes Benz lease extension on the go

A Mercedes Benz leasing agreement has been extended until March 2021 with a 10% discount for new customers.The agreement comes after Mercedes was unable to find a buyer for the brand after it was sold to a consortium of private equity firms in July 2016.In December, the deal was approved by the company’s shareholders, withRead More

How the VW lease deal went from zero to $1bn

The lease of the Volkswagen brand has been handed to the owners of the Lincoln Group for the first time, with a $1.1bn bid to buy the brand.The deal was announced by the two-time world champion manufacturer last month.But it is not the first lease deal of its kind in the world.Earlier this year, aRead More