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Members Get Discount at NVLA Conference
The first 10 companies submitting membership payments received a $100 discount. The winners are: Membership Renewals Are Due Membership renewal dues can be sent in by mail, fax or email. Chrysler Financial Has Access To Fed's Comm Paper Facility Ford Motor Credit and GMAC also have access to short-term funds through the U.S. Federal Reserve's new program to help cash-strapped companies meet their short-term funding needs. FTC Extends Red Flags Compliance Deadline to May 1, 2009 In an unexpected move, the Federal Trade Commission (FTC) announced that it will delay its planned enforcement deadline of the Red Flags Rules to May 1, 2009. National City Sold to PNC of Pittsburgh National City Corp., the largest bank in Ohio, sold for $5.2 billion. TRALA Pushes Alberta Premier to Implement Liability Reform The Traffic Safety Amendment Act sets a limit on liability against owners of vehicles leased for more than 30 days. Inc. Magazine: OPENLANE Named One of America's Fastest Growing Companies The company was ranked in the top 11 percent in the San Francisco Bay Area and the top quarter overall nationwide for revenue growth during 2004 to 2007. Chrysler Offers Employee Pricing to Returning Lessees Employee pricing offered to eligible military personnel, returning lessees, supplier and affiliate employees—and current incentives apply. Approval for Auto Loans has Dropped CNW Marketing Research reports that the share of applications receiving final approval for an auto loan has dropped for all three credit categories. N.Y. Chapter Goes Golfing The National Vehicle Leasing Association, New York Chapter, recently held a golf outing at Muttontown Country Club in East Norwich, N.Y. ELFA Survey: Cumulative New Business Volumes Increase 2.5% Compared to 2007 New business volume decreased for August when compared to 2007, though year-to-date volumes still show growth. Survey: Consumers Unsure Where to Turn For Leases Amid upheaval in the auto leasing market, more than one-third of people responding to a recent survey by GDNAuto say they'll buy a used car or postpone the purchase entirely. No Credit Crunch at LeaseCompare.com With the financial markets in turmoil, consumers can still lease or finance new and used vehicles. GMAC Dramatically Cut Back on Leases in September GMAC leased only 2 percent of all GM products in September. GMC and Chevrolet gained only .6 percent and .7 percent of its sales through leasing. ACS Offers ‘Drive It Now' Link to Auto Retailers The service offers vehicle sellers lease and loan payment advertising, giving consumers more financial choices.
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NVLA Links
Expanded Directory Is Live The expanded NVLA directory at nvla.org includes two new searchable sections: an Associate Member Directory, and a Fleet Dealer Directory. Sign up to become an NVLA member! Learn more about the NVLA and leasing. |