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General Motors (GM) is going to cut another 20% of its workforce so that it can meet targeted financial goals. Is anyone surprised? The company said more cuts will take place if car sales continue to worsen over the next few quarters. Some of these cuts are represented by attrition and retirement, but unfortunately lots of people lost their job through this move. GM still has over 30,000 salaried employees in the U.S.

Additionally, the news is not all great for employees that ...

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If it seems like someone new proposes a different way to help "troubled homeowners" escape the threat of foreclosure, it's probably because that's exactly what is going on. Today, it's Sheila Bair's turn. She's the chairwoman of the Federal Deposit Insurance Corp. She wants her agency and the Treasury Department to work together to find even more preventable steps for homeowners in trouble and facing foreclosure.

Here's a thought: instead of everyone talking about pl...

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

LeaseTrader.com Says it's OK To be a 'ReGifter' -- This holiday season, everyone will be looking out for that one gift that always gets talked about. You know how to spot it and you can predict who it's coming from. In years past, everything from a label maker to a golf tee personalizer is the obvious regift choice to a loved one.

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MIAMI – November 28, 2007 – This holiday season, everyone will be looking out for that one gift that always gets talked about. You know how to spot it and you can predict who it’s coming from. In years past, everything from a label maker to a golf tee personalizer was the obvious regift choice to a loved one.

This year, however, LeaseTrader.com thinks you should regift your car lease to someone.

LeaseTrader.com is the “give your Car Lease ...

For years, leasing a car put you at risk of a major downside -- being stuck with a vehicle you no longer wanted with no way out. Car dealers charged a hefty penalty if you tried to break the lease.

Now there's a way to overcome that obstacle.

The dealers haven't stopped imposing those penalties, but middlemen who facilitate lease trading among consumers are reshaping the car leasing market by matching Car Lease sellers with buyers.

For a fee, these lease-trading compan...

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Complex magazine shines a spotlight on LeaseTrader.com in its November, 2007, issue. Complex magazine is a pop culture lifestyle magazine, showcasing the latest trends, cars, gadgets and gizmos for people in the know. The magazine reaches hip and trendy people who want to stay abreast of all the latest and greatest trends happening in the world today.

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MIAMI – November 19, 2007 – The mortgage situation and higher fuel prices have prompted a slowdown in the American economy. Many economists believe these are two strong reasons why fewer Americans are buying cars. As such, taking over someone’s existing Car Lease is now the best option when shopping around for a car.

Despite the economy, people still want and need to shop for cars. Problem is, they’re hesitant about getting into a long-term payment oblig...

Give women the space they need instead of sunroof

Published Thursday November 15th, 2007

The Daily Gleaner (Canada)

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

LeaseTrader.com recently polled a number of its women customers on their favourite car features.

And despite all the recent hype about technology and gadgets, the women surveyed, above all, want functionality. The highest percentage of tho...

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

Nov. 15--Personal finance columnist Shannon Buggs answers readers' questions about managing money.

Q: I leased a new Mercedes Benz C230 in March 2006 and then lost my job in August of this year. I haven't found a new job yet and I can no longer afford to make the payments on my car. What options do I have? I need my car to look for a job.

A: Your worst option is to walk away from th...

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What Women Want? in Their Wheels
Forget damsels in distress. About 1,000 women were asked by LeaseTrader.com what feature they wanted most in a car. Roadside assistance, considered a hot selling point for women, was picked by just 0.4%. A GPS navigation system: 3%. The top answer by far (62%): fold-down rear seats, for storage. Just how no-nonsense were the responses? The biggest vote-getter (42%) for "least useful" feature: a sunroof. "Women are most co...

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MIAMI – (November 7, 2007) – LeaseTrader.com, the company that helps consumers facilitate car lease transfers, announces its monthly Index for October, with the Land Rover Range Rover Sport topping the list of America’s most preferred leased vehicle.

The Land Rover Range Rover Sport is built on a similar platform based on the Land Rover 3, but with a revised suspension and a fresh body design. The Range Rover Sport is best known for its combination of ruggedne...

LeaseTrader.com was featured in a car leasing segment for MotorWeek TV. Sergio Stiberman, CEO and founder of LeaseTrader.com, explains the process of auto lease transferring, while two LeaseTrader customers share their experience in using the service.

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This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases...

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Forget damsels in distress. About 1,000 women were asked by LeaseTrader.com what feature they wanted most in a car. Roadside assistance, considered a hot selling point for women, was picked by just 0.4%. A GPS navigation system: 3%. The top answer by far (62%): fold-down rear seats, for storage. Just how no-nonsense were the responses? The biggest vote-getter (42%) for "least useful" feature: asunroof . "Women are most concerned with getting from A to B without hassle," sa...

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