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Thursday, January 08, 2009

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July 29, 2008

US Postal Service to Green 195,000-Vehicle Neighborhood Delivery Fleet

An Irvine, Calif., postal worker loads mail into a Chevrolet Equinox Fuel Cell electric vehicle presented to the U.S. Postal Service as part of GM’s Project Driveway, a demonstration program to test the hydrogen-powered vehicle in real-world environments.

IRVINE, CA — General Motors recently presented a Chevrolet Equinox Fuel Cell electric vehicle to the Postal Service for testing in a mail-delivery environment.

Tags: General Motors, hydrogen fuel cell vehicle, U.S. Postal Service

July 29, 2008

Honda FCX Clarity Fuel Cell Lease Program Begins with First Customer Delivery

World's first Honda FCX Clarity customers Ron Yerxa, center, and wife Annette Ballester receive the ceremonial key to their Honda hydrogen fuel cell-powered vehicle from Dan Rowand, sales manager of Honda of Santa Monica, Friday, July 25, 2008 in Santa Monica, Calif. The couple are the first of approximately 200 customers who will lease the vehicle in the United States and Japan, with the vast majority of vehicles being leased in Southern California. Photo/American Honda, Susan Goldman.

TORRANCE, CA – The first FCX Clarity customers received the hydrogen fuel cell-powered vehicle July 25 at Honda of Santa Monica.

Tags: American Honda Motor Co., Inc., Ballester, FCX Clarity, first customers, Honda of Santa Monica, hydrogen fuel cell vehicle, Yerxa

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ASK THE EXPERT

Have a question?

Ask our experts about your questions to receive advice on your most perplexing Leasing issues.

Robert Singer
Principal and a Senior Vice President
Merchants Automotive Group

Q: We own 100% of our vehicles. Our drivers put about 150K miles on every 36 months. Are there even leases out there that would make sense for us with our high mileage?

Q: It seems that an open-end lease benefits only the Lessor and not the Lessee, especially for government run fleets. So, is there any point where a government entity would select an open-end lease?

Q: What has more flexibility, open-end or closed-end leases?

Q: What is your assessment of the automotive market and industry right now?

Q: What sets Merchants Leasing apart from the competition?

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