Slowdown of car sales could hurt leasing market - Azi

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The rise of the leasing market could be affected this year by the slowdown in vehicle sales, after the leasing market experienced a major leap last year, by 54%, exceeding 4.9 billion euros.

Almost 70% of the funding granted by leasing companies are used for vehicle acquisitions, a field where sales have stalled this year. According to statistics of the Automobile Manufacturers and Importers Association, in the first five months of this year, the car market went up by a mere 4%, with the...

Read the whole story in: Ziarul Financiar

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