In a statement, Japan’s Toyota Motor Corp stated, it will commence offering its cars in India on short term subscription and leases basis. The move is aimed at tapping burgeoning demand for private transport with travelers avoiding public, communal journeys… Read More ›
leasing
China’s state planner to introduce policies that lowers investment barrier for new and old players
With U.S. tariffs biting hard, China is hoping to rely on its huge population to fuel its economy. China’s state planner aims at introducing policies that boost domestic consumption across a range of segments. A senior state planning official from… Read More ›
Republican Senators introduces bill blocking U.S. government from using telecome equipment from Huawei Technologies and ZTE Corp
This development aims to provide a systemic protection to U.S. infrastructure and businesses that may have been so far vulnerable to sniffing by adversaries. Pregnant with geo-economic and geo-political implications the move underscores a growing awareness within the U.S. establishment… Read More ›
Volkswagen’s Financial Services division launches HeyCar to tap Germany’s burgeoning used-car market
Unlike its competitors, consumers will not have to see advertisements on HeyCar while searching for the best deals in the used car market in Germany. On Thursday, Volkswagen’s Financial Services division stated, having created an online platform, dubbed HeyCar, it… Read More ›
Barclays expands its footprint in Dublin ahead of Brexit
Barclays is not the only bank to take this strategic decision, ahead of Brexit; Bank of America Merrill Lynch and JP Morgan Chase is also taking steps to safeguard access to service their European clients. Ahead of impending impacts arising… Read More ›
Daimler Financial Services reports new heights in turnover
The sale of its luxury brand, Mercedes-Benz, has been the engine for its spectacular performance. Daimler Financial Services, Daimler’s finance arm, has stated it is heading for another record year having signed nearly one million new leasing and finance… Read More ›
Airbus will lease NOT sell 7 aircrafts to Iran
Negating what was reported earlier, which based itself from quotes from Iran’s news agency, Airbus will lease 7 aircrafts to Iran’s flagship carrier. As per two sources from the aviation industry, Teheran’s Aseman Airlines has agreed to lease seven Airbus… Read More ›
Airbus could finalise the sale of 17 jets to IranAir within 2 weeks
The urgency with which Iran is hoping to import the jets before the May 2017 presidential elections show that the issue is likely to be used to boost Iranian President Hassan Rouhani’s image as a pragmatist. Iran’s flag carrier, IranAir… Read More ›