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Global Deals Review: Q4 2009

Two men shakes hands in this file photo. REUTERS/Files

Hot sectors in a tepid recovery

The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010.   Full Article | Full Coverage 

» More Global Deals Review: Q4 2009 News

Chrysler's financial arm to stop leasing vehicles

DETROIT
Fri Jul 25, 2008 3:20pm EDT
The Chrysler logo is seen on the back of a 300C during the Chicago Auto Show in this February 6, 2008 file photo. REUTERS/John Gress

DETROIT (Reuters) - Chrysler LLC's financial arm is planning to stop offering vehicle lease options to consumers and would focus on financing retail vehicle purchases, spokesman Bill Porter said on Friday.

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"We are shifting our strategy to focus on retail products," he said. "Effective August 1 we will no longer offer lease products in the United States."

(Reporting by Poornima Gupta; editing by Phil Berlowitz)
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