William Tucker, writing in the New York Sun (Apr. 1), explores the ruinous consequences of the state’s vicarious-liability law for independent car rental agencies (via Spartacus). See our piece of last Jun. 9 as well as Jul. 14 and links from there. More: Chrysler has now joined GM and Ford in refusing to lease in New York, while Honda has resumed offering leases, but at special high prices intended to compensate for the state law. (“Chrysler to stop leasing in New York”, Bloomberg/Detroit Free Press, Mar. 26)
“The Great Car-Rental Wipeout”
William Tucker, writing in the New York Sun (Apr. 1), explores the ruinous consequences of the state’s vicarious-liability law for independent car rental agencies (via Spartacus). See our piece of last Jun. 9 as well as Jul. 14 and links from there. More: Chrysler has now joined GM and Ford in refusing to lease in […]
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