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Chrysler and Fiat will bring seven new vehicles to North America under their new alliance, Automotive News said on Monday, citing sources who have seen the product-sharing agreement.

Of the seven vehicles—which will be built at Chrysler plants in North America and sold through select Chrysler, Dodge and Jeep dealerships—four will be sold under the Chrysler brand name and three as Fiats or Alfa Romeos, the magazine said.

CNBC.com

Italy's Fiat unveiled a deal last week to take a 35...

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LLC is not actively pushing its dealer consolidation program and is instead focusing on maintaining whatever retail sales volume it can as the industry struggles with crippling sales declines, a top company executive said Saturday.

On the eve of last year's National Automobile Dealers Association annual convention, Chrysler officially announced Project Genesis, a plan to encourage greater dealer consolidation among the company's Chrysler, Dodge and Jeep stores and renew emphasis on...

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How to Get Out of a Car Lease

Many people and businesses have realised the benefits that car leasing has over outright vehicle purchase. Numerous small businesses now lease their commercial vehicles on van leasing contracts enabling them to run top quality vans with fixed, known monthly repayments. Leasing provides many advantages including peace of mind over vehicle maintenance concerns as well as tax advantages.

But what if changes in finances or business mean that you simply can...

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In hard times, you may need to get a handle on your car expenses. And we all need to know the pros and cons of buying from the Detroit makers. Here are some sites with advice on both issues.

Lease trades. The leasing industry took a hit with the credit crisis and the decline in overall auto sales. But there are plenty of ways still to get a leased vehicle, even it if means taking over someone else's lease. This clever site provides a place to get rid of a leased car that you no...

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t’s costly to maintain the Bernard L. Madoff Collection of Fine Cars.

Mr. Madoff’s brokerage firm shelled out $6,238.79 a month for leases on six luxury vehicles, according to an updated court filing on Friday by the trustee overseeing the closed firm’s liquidation. The filing asserts that canceling the leases will save $117,359.

The trustee, Irving Picard, has asked the Federal Bankruptcy Court in Manhattan for permission to cancel the leases because the vehicles are not needed...

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In the latest attempt to exploit the Madoff scandal, LeaseTrader.com is sending out press releases offering to help Bernard Madoff unload his leased cars. The New York Times reports the trustee liquidating Madoff's firm's assets wants the leases on six luxury cars cancelled.

Madoff reportedly leases a 2007 Land Rover, a 2008 Cadillac DTS, a 2009 Mercedes S550 (nice!), a 2007 Mercedes S550, a 2008 Mercedes GL450, and 2006 Lexus SUV.

That's a lot of cars for a guy who doesn't live in...

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An auto lease trade-in website is offering assistance to the trustee liquidating Bernard Madoff's assets to escape the lease contracts of six vehicles Madoff's firm had rented. How selflessly magnanimous of them. Right. Lease trade-in website LeaseTrader.com is offering its assistance to the trustee overseeing the liquidation of Bernie Madoff's assets escape the lease contracts of the six vehicles his firm rented. According to a recent court filing, Madoff’s leased vehicles include a...

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As President Barack Obama rides about Washington in his new custom-made Cadillac, he should remember that the men and women who furnished his stylish ride need to hear from him, and soon. The domestic auto industry's outlook is brightened only modestly by Chrysler's announced partnering with Italian automaker Fiat. It's a reasonable move for Chrysler, offering an opportunity to diminish the company's historical reliance on minivans and Jeeps. Fiat's strength in small cars and high...

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LeaseTrader.com, the nationwide online marketplace for car lease transfers, has offered to assist in helping the trustee overseeing the liquidation of Bernard L. Madoff escape the lease contracts of six vehicles his firm had rented. LeaseTrader.com’s online marketplace allows individuals and estate professionals an opportunity to transfer the remaining portion of the lease contract to a credit-qualified individual looking for a short-term lease.

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WASHINGTON — U.S. Treasury secretary nominee Timothy Geithner said President Obama will send Congress a sweeping plan in the next few weeks to shore up banks and unlock credit markets, warning it will require action on a scale "not seen in generations" to address the worsening economic crisis.

Geithner and former Federal Reserve chairman Paul Volcker, now an Obama adviser, told the Senate Finance Committee that Washington must take bold steps to shore up credit markets, in addition...

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