It’s no secret that GM was hit extremely hard by the economy, so hard in fact that they had to put a halt on all of their leases. That halt may soon be over as the Wall Street Journal reports that GM is gearing up to begin leasing cars again as early as next month. This would probably be a smart business decision for GM considering the economy is finally starting to stabalize (knock on wood) and the fact that leases made up 20% of GM’s revenue last year. Further reports suggest thatGM will be looking for other financial institues to help with leasing rather than GMAC. Read (WSJ) Related Posts Reduced Price Deals on the Audi in New Hampshire Today on CarBuyersNoteBook.com Who Killed the Electric Car? Volvo Receives New Order for Truck in India Car Tip: Wax Your Car Once a Month Only Tags: economy , GM , GMAC , leasing , recession , report Related posts GM will sell Saab to Koenigsegg (2) VW set to buy-out Porsche (2) US Government Injects 7.5 Billion to GMAC (0) Toyota outs 2010 Prius in Japan, gets good reception (0) Supreme Court lets Fiat buy Chrysler (2) See original here: GM to resume leasing next month?
