Tag: car leasing
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Over 220 Firms Shut in 2025, Vehicles Towed: Inside the Turbulence of the Car Leasing Industry
Introduction: A industry under pressure The car leasing sector is facing a troubling year in 2025, with more than 220 firms shutting down and fleets being repossessed or towed away across several markets. The churn is not just a headline; it is a real disruption that affects drivers, employers, and the broader circular economy of…
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Car Leasing Industry Turbulence: 2025 Shuts and Towed Vehicles
Overview: Turbulent year for car leasing The car leasing sector entered 2025 with a tremor that quickly intensified into a full-blown wave of turbulence. Industry insiders report that more than 220 leasing firms either shut their doors or suspended operations during the year. By year’s end, countless fleets had been impounded or repossessed, leaving drivers…
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Over 220 firms shut in 2025, vehicles towed: Inside the turbulence of the car leasing industry
Overview: a sector under pressure The car leasing industry is in sharp focus as 2025 closes with more than 220 firms having ceased operations or folded their fleets, forcing thousands of vehicles off the road and leaving drivers scrambling for alternatives. In Singapore, the ripple effects are felt not only in leasing companies and fleet…