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Uber is reportedly closing down its car-leasing program in the US

Uber'sterrible,awful,no-good2017isn'toveryet.Twoyearsafteritstartedleasingcarstodrivers,theride-hailingcompanyhasrealizedthatitshould'velookedattheeconomicsofsu

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Daimler finance arm expects record year after first-half gains

Daimler'sfinancearmsaiditwasheadingforanotherrecordyearaftersigningnearlyonemillionnewleasingandfinancecontractsbetweenJanuaryandJune.DaimlerFinancialServices,w

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China boosts financial leasing to fund money-starved firms

Chinese companies will soon be less dependent on stingy banks and a volatile market for financing thanks to new support policies in the financial leasing industry.

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China to step up financial leasing to bolster economy

The State Council, China's Cabinet, on Wednesday mapped out measures to accelerate development of financial leasing and make it better serve the real economy.