Ford Credit to Exit Auto Leasing in New York and Rhode Island

In the May issue, author Pauline Clark discussed the Rhode Island Supreme Court's decision in <i>Oliveira v. Lombardi,</i> 794 A.2d 453 (R.I. 2002), holding that automobile leasing companies may be held liable under the state's vicarious liability statute for the negligence of drivers operating motor vehicles titled in the leasing companies' name. In a clear response to this and other similar cases, Ford Credit has announced that it plans to exit automobile leasing in Rhode Island in October 2003 and in New York after July 9, 2003.

2 minute read September 10, 2003 at 01:27 AM
By
Adam Schlagman
Ford Credit to Exit Auto Leasing in New York and Rhode Island

In the May issue, author Pauline Clark discussed the Rhode Island Supreme Court's decision in Oliveira v. Lombardi

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