Auto manufacturing plants across the United States are beginning to resume operations after the deadly disease COVID-19 coronavirus struck in the U.S. in early March. And while businesses in the automotive sector are starting to see rising numbers, it’s still very unclear whether production and consumer demand will ramp up enough for them to survive without financial aid.

In the wake of the current pandemic, automakers are finding it more challenging than ever to restart — and bring in some much-needed profit. Marc Zaransky, entrepreneur and operator of a successful family owned auto leasing business in the Illinois’ area understands…

The COVID-19 coronavirus pandemic has produced many economic, political, and social disruptions and major industries from finance to the automotive industry have felt financial implications. The U.S. auto industry, for example, saw inevitable decreases during the month of March and even into early April. As a result of stay-at-home orders and self-isolation policies, it was expected that new auto sales would see a drastic decline by as much as 80% compared to its pre-pandemic forecast.

While still significantly down, new vehicle sales declined less than expected at the beginning April despite the coronavirus outbreak and state orders of production plant…

More people tend to buy a car during the spring season. As the weather gets nicer, test-driving a new vehicle becomes more desirable. But, what about buying a car amidst a global pandemic? Is purchasing a new vehicle during the coronavirus outbreak a smart idea? Is it something we should consider as consumers to be an advantage?

Marc Zaransky, operator of a successful family owned auto leasing business that has grown to be Illinois’ largest independent leasing company with operations in all 50 states, explains three reasons why buying a car amidst the coronavirus pandemic could benefit you as a…

Although the U.S. has the highest death toll and case count for COVID-19 in the world, the country still remains confident about a turning point, encouraging more people to start thinking about how and when to restart economies. This crucial and complex issue involving an unusual range of risks and uncertainties has forced many to think about the economical impacts over the short-term and how to get things back to where they once were.

In the automotive industry, for example, production lines went from thriving in the first quarter of 2020 to a near standstill as government lockdowns and social…

The COVID-19 pandemic is producing many economic, political, and social disruptions, as major industries from finance to airlines have already felt the impact. The latest casualty: the U.S. auto industry.

Spring is normally the most popular time to buy a car, but with more people staying home in self-isolation during the pandemic, car sales have suffered. According to Counterpart Research, automotive productions during the month of March saw a 39% decrease from the previous year — a record low for March in over a decade. …

Love it or hate it, Tesla is here to stay. The brand has become a household name and electric cars are no longer simply a novelty idea. But if Tesla has managed to make an indelible impression on the auto market of today, its impact on the future of cars is even more drastic and long lasting.

Entrepreneur and business owner Marc Zaransky has been a mobility consultant and provides lease vehicles and finance options to large corporate accounts and professionals for the past 35 years. With such experience, he has got this finger on the pulse of the auto…

No longer happy to stay on the fringes, autonomous and electric cars are edging toward the center of the mainstream auto market. No longer are self-driving cars just a part of a sci-fi movie or a dream to be realized in the distant future. Autonomous and electric vehicles are the future, but the future is today.

Entrepreneur and business owner, Marc Zaransky has been in the auto business for over 35 years providing lease vehicles and finance options to large corporate accounts and professionals. He’s not surprised by the rise of autonomous and electric vehicles. “I anticipate,” he says, “a…