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October 2007 Entries

Oct31

Eco-Friendly Car Show





AUTO INDUSTRY | By | |

Seattle Post-Intelligencer - October 31, 2007 - The Qwest Field Event Center will boast over 400 eco-friendly autos at this year's car show.

Oct30

Clean Fuel





AUTO INDUSTRY | By | |

Agence France Presse - October 30, 2007 - GM announced it will launch a 250-million alternative fuel research center in China.

Oct29

Chrysler Contract





AUTO INDUSTRY | By | |

Detroit Free Press - October 29, 2007 - UAW members voted to ratify a 4-year national labor contract with Chrysler.

Oct26

Car Buying





ONLINE MEDIA | By | |

One online company, leasetrader.com, found out what women seem to want: functionality over frivolity.
The number one thing women look for in a new vehicle is fold-down or removable seats - allowing for more space and options when it comes to seating versus storage.
Another great get - an automatic open and close hatchback. That's number two on the list.
We take you hi-tech when rounding out the top five - an iPod plug-in, bluetooth technology and GPS. 
After ...

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Oct25

Car Buying, Web





AUTO INDUSTRY | By | |

Seattle Post-Intelligencer - October 25, 2007 - A Seattle based car dealer turns to the Web to help increase sales of new and used cars.

Oct24

Honda, Fuel-Cell Car





AUTO INDUSTRY | By | |

USA Today - October 24, 2007 - Honda will deliver a small number of new fuel-cell cars next year.

Oct23

Nissan, US Car Market





AUTO INDUSTRY | By | |

Bloomberg - October 23, 2007 - The car maker expects 2008 US auto sales to fall below expectations.

Oct22

Practical Cars





ONLINE MEDIA | By | |

For female car buyers, function trumps form.

Nearly two-thirds of the women in a new survey said having backseats that fold down to create more storage space was the most desirable feature in a car.

Women are a big chunk of the automobile-buying market and are behind about 46% of all new car purchases, according to CNW Marketing Research.

"It's interesting to note that women want functionality over technology in their cars," said Sergio Stiberman, CEO of Leas...

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Oct22

Car Dealer Struggles





AUTO INDUSTRY | By | |

Newsday - October 22, 2007 - Car dealers in New York are struggling with sagging sales.

Oct19

Downsizing





PRINT COVERAGE | By | |

Car

The Latte Era Grinds Down

Average Americans were living like the Riches, thanks to easy credit and the real-estate bubble. Now they're trading down instead of trading up.

By Daniel Gross | NEWSWEEK

Oct 22, 2007 Issue

"Across the economy, consumers are now opting for smaller, less expensive items. In the past three years, sales of compact cars—cheaper to buy and operate than SUVs—have risen from 13.6 percent to 17.7 percent of total U.S. auto ...

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Oct19

LeaseTrader.com on Good Morning America





RADIO INTERVIEWS | By | |

LeaseTrader.com on Good Morning America

Oct19

LeaseTrader.com on Wall Street Journal Radio





RADIO INTERVIEWS | By | |

LeaseTrader.com on Wall Street Journal Radio

Oct19

LeaseTrader.com on ABC 9 News





TV COVERAGE | By | |

Car

The environment for business lending continues to be difficult for business owners. Commercial paper, which is a market for business lending, continued to contract because different investment groups grew more nervous about lending to business - both large and small. Commercial paper is basically short-term debt that is sold to fund managers and investors which use the loans to underwrite day-to-day business functions.

The Federal Reserve plans to take action by stepping in an...

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Oct19

LeaseTrader.com on Local 4 News Detroit





TV COVERAGE | By | |

Car

The severity of the U.S. economy continues to amaze everyone. Even Alan Greenspan, the former Federal Reserve Chairman, can't believe the economic situation america finds itself in. Greenspan recently called the current situation a "credit tsunami," and he believes the markets will rebound significantly stronger than before the meltdown.

Wonderful. Isn't that what everyone said following the dot-com crash seven years ago?

Naturally, when asked if he m...

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Oct19

LeaseTrader.com on RNews





TV COVERAGE | By | |

Car

The global recession realities are becoming more clear as stock markets throughout the world are tumbling amid realistic fears of a widespread economic slowdown - if not entire collapse. The Dow Jones, Nikkei, Kospi, and London's FTSE all have fallen considerably recently, pointing towards economic gloom and doom for the entire world.

Britain's economy reporterd a slowing of .5% during its most recent quarter. The Korean economy grew at its most weakest pace in four years. And...

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Oct19

LeaseTrader.com on FOX 4 News





TV COVERAGE | By | |

Car

Cerberus Capital Management LP is currently doing its due diligence on any possible merger with GM. Cerberus would want to retain a sizable equity stake in any company that resulted from the merger. There is ongoing talk of who would lead the new company, including GM Chief Executive Officer Rick Wagoner, GM Chief Operating Officer Fritz Henderson or Chrysler Chief Executive Officer Bob Nardelli.

Cerberus is also weighing other options for the company. Ongoing talks also conti...

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Oct19

LeaseTrader.com on CBS 5 News





TV COVERAGE | By | |

Car

As the economic conditions continue to worsen, along with indicators that point towards a global economic recession, several large corporations brought more bad news to the table when they reported job cuts among its staff. Xerox Corp., General Motors corp., and Coca-Cola Enterprises Inc. all revealed they made staff cuts recently. Whereas once the economic slowdown was affecting primarily housing and financial sectors, it appears to have finally made its way to many other industries - especi...

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Oct19

LeaseTrader.com on ABC 13 Western North Carolina





TV COVERAGE | By | |

Car

That the stock market has taken a beating over the last two months may well be the world's worst-kept secret. Experts from Federated Investors and RiverSource Investments have all chimed in with their prognostications. The bottom line is that the market will continue to take a beating over the next several weeks. But eventually the market will reach a bottom, the world economy will stabilize thanks to the actions of the Fed lately, and ultimately, the market will bounce back. The key question...

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Oct18

Women Want Functionality





ONLINE MEDIA | By | |

Newark Star-Ledger - October 18, 2007 - Women don't want technology in a car, they want functionality.

Oct17

Women Preferences





ONLINE MEDIA | By | |

Boston.com - October 17, 2007 - A new survey talks about women preferences in vehicle features.

Oct17

Women, Cars





ONLINE MEDIA | By | |

Bradenton Herald - October 17, 2007 - Favorite car featured as voted on by women.

Oct17

Car Features, Women





ONLINE MEDIA | By | |

The following news story was posted online at www.leasetrader.com.

Fold down seats for more storage room — that’s what women want most in a car, according to a survey by Miami, Fla.-based LeaseTrader.com, a company that helps people transfer Car Lease.

In fact, 62 percent of women polled listed this is their No. 1 choice.

GPS technology was the top choice of only 13 percent of those polled. I guess women can be just like men when it comes to asking for dire...

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Oct16

What Women Want





LeaseTrader.com News | By | |

MIAMI – (October 16, 2007) – Turns out, women still don’t have gadget envy when it comes to car features. LeaseTrader.com, the company that helps people transfer car leases, recently polled a number of its female customers on their favorite car features. And despite all the recent hype surrounding everything technology from iPhones to WiMAX, women want functionality in a car.

The highest percentage of those women surveyed want fold-down back seats that provide...

Oct15

Downsizing





ONLINE MEDIA | By | |

Brian LaCroix, a 34-year-old computer engineer, developed a taste for expensive coffees. Earlier this year, however, he stopped frequenting a French coffee shop in Dallas and bought an espresso machine, slashing the daily cost for deux lattes from $8 to $1. The newlywed and his wife, who have a combined income of about $200,000, have also cut spending by mowing their own lawn. And Brian asked to work from home two days a week to save on gas for his 2002Ford Ranger . The LaCroixs have been mot...

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Oct12

Ford, Strike





AUTO INDUSTRY | By | |

Financial Post - October 12, 2007 - Ford is targeted for the next UAW strike.

Oct11

Self-Driving Car





AUTO INDUSTRY | By | |

ABC 6 Orlando - October 11, 2007 - Students create a wireless self-driving car.

Oct11

UAW Ends Chrysler Strike





AUTO INDUSTRY | By | |

Newsweek - October 11, 2007 - What is at stake for the UAW.

Oct11

Preferred Vehicles





ONLINE MEDIA | By | |

Pacific News Center - October 11, 2007 - Today's most popular vehicles.

Oct10

Mercedes Sport Sedan





ONLINE MEDIA | By | |

Autospies.com - October 10, 2007 - Mercedes is again America's most preferred leased vehicle.

Oct10

Top Cars in September





LeaseTrader.com News | By | |

MIAMI – (October 10, 2007) – LeaseTrader.com, the company that helps consumers facilitate car lease transfers, announces its monthly Index for September , with the Mercedes C230 Sport Sedan again topping the list of America’s most preferred leased vehicle.

The Mercedes C230 Sport Sedan is an excellent entry-level luxury car offers the typical Mercedes-style characteristics of prestige, safety, luxury and comfort. The car’s excellent design, fea...

Oct10

Chrysler, Strike





AUTO INDUSTRY | By | |

New York Times - October 10, 2007 - Chrysler prepares for a possible labor stoppage.

Oct10

LeaseTrader.com on MyFOX





TV COVERAGE | By | |

The National Association of Realtors came out with a report that may make the likes of Home Depot, Lowes, Lennar Homes, Centex Homes, and a host of other companies in the housing industry happy. At least a little happy. Sales of existing homes rose in September to a pace of 5.18 million. That's a jump of 1.4% from a year ago. That's good news for home improvement centers that want to sell to people eager to upgrade their recent purchase, as well as home builders who can't begin selling new ho...

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Oct09

Mercedes C 230





ONLINE MEDIA | By | |

Car Buyer's Notebook - October 10, 2007 - Mercedes C230 tops the list.

Oct09

OnStar





AUTO INDUSTRY | By | |

USA Today - October 9, 2007 - Police will begin using the OnStar navigation system to stop car thefts.

Oct09

GM Labor Settlement





AUTO INDUSTRY | By | |

Forbes - October 9, 2007 - Despite the recent labor agreement between GM and the UAW, challenges remain.

Oct08

Honda, Stolen Car





AUTO INDUSTRY | By | |

Myrtle Beach Sun - October 8, 2007 - Honda is the most stolen vehicle reported in the state of South Carolina.

Oct08

2008 Acura TSX





AUTO INDUSTRY | By | |

The Car Connection - October 8, 2007 - A preview of the 2008 Acura TSX.

Oct08

Economic Indicators





ONLINE MEDIA | By | |

here's a downshift in vehicle preference — drivers want smaller cars, according to customer data by Miami-based LeaseTrader.com, a company that assists people in the transfer of car leases. About 15 percent of its customers transfer out of leases with the intention of getting a smaller car. Economic drivers — housing costs and gas prices — factor into the decision.

But if consumers are looking to pinch pennies, they aren't quite ready to give up all their luxuries. L...

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Oct07

Economy Cars





AUTO INDUSTRY | By | |

Journal Gazette - October 7, 2007 - One car dealer says older-model "economy cars" are his best-selling vehicles.

Oct05

LeaseTrader.com on MyFOX Orlando





TV COVERAGE | By | |

Car

LeaseTrader.com featured on FOX 35 in Orlando

The Orlando FOX affiliate shows viewers how you can save thousands of dollars by transferring your car lease over to someone else. The concept of auto lease transferring is becoming more popular by the day.

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Oct05

Green Movement, Toyota





AUTO INDUSTRY | By | |

USA Today - October 5, 2007 - Toyota is under attack from environmental groups for opposing tough fuel-economy legislation.

Oct04

Car Dealer Closes





AUTO INDUSTRY | By | |

ABC WTVG - October 4, 2007 - Jaguar dealer closes leaving customers high and dry.

Oct03

GM Hybrid





AUTO INDUSTRY | By | |

MSNBC - October 3, 2007 - New details about GM's latest full-size hybrid SUV.

Oct03

LeaseTrader.com on TeleMundo





TV COVERAGE | By | |

Car

 

LeaseTrader.com visits with Telemundo's Buenos Dias

Sergio Stiberman, CEO and founder of LeaseTrader.com, sits down with Buenos Dias, Telemundo's national morning news program, to discuss the concept of auto lease transferring. Millions of people either want or need out of their car lease, and LeaseTrader.com is the perfect solution for them.

 

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Oct03

LeaseTrader.com on NewsThatPays.com





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Car

LeaseTrader.com featured on Newsthatpays.com

Stacy Johnson explains how people can save good money by using LeaseTrader.com. Stacy also talks to one consumer who used the service when he and his wife had a new child and needed a bigger car.

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Oct02

Stocks Flat, Auto Sales





AUTO INDUSTRY | By | |

Associated Press - October 2, 2007 - A news report on how monthly auto sales are affecting the stock market.

Oct02

Auto Industry Liquidity





AUTO INDUSTRY | By | |

cnnmoney.com - October 2, 2007 - Global automakers still have access to liquidity despite credit squeeze.

Oct02

Ford Sales





AUTO INDUSTRY | By | |

TheStreet.com - October 2, 2007 - Ford auto sales dropped 21% from a year earlier.

Oct02

Toyota Tundra





AUTO INDUSTRY | By | |

Automotive News - October 2, 2007 - Toyota will launch 13 variations of its Tundra lineup at entry-level prices.

Oct01

Nokia, Navteq





AUTO INDUSTRY | By | |

Automotive News - October 1, 2007 - Nokia and Navteq strike a deal for vehicle navigation systems.

Oct01

Taking Over a Lease





PRINT COVERAGE | By | |

Car

LeaseTrader.com was included in a car leasing spotlight in the October, 2007, issue of Good Housekeeping magazine. As one of the most trusted names in publishing, Good Housekeeping has provided families with expert advice for more than 122 years.

 

The spotlight covers a wide variety of car leasing topics, including research on car leasing, explaining an open-ended lease, understanding mileage allowance, warranty tips, gap insurance, and how to exit a Car Lease contract e...

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