Automotive Fleet

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Fleet Financing

GDS Express Files for Bankruptcy, Cites Lack of Credit

After closing without notice in early December, Akron, Ohio-based GDS Express has filed for bankruptcy. The company filed for Chapter 11 liquidation on Dec. 27, 2019, citing the shutdown of a revolving credit account.

Open-End Versus Closed-End Leasing

For both small and large fleets, choosing the correct lease type requires consideration of costs, utilization, and remarketing scenarios.

LeasePlan Repays Dutch Bond Funding Early

LeasePlan Corporation N.V. has cleared a $500 million bond obligation from its balance sheet, the Holland-based fleet and vehicle management company has announced.

One Year Later: Rappeport Discusses Donlen-Hertz Merger

Automotive Fleet checks in with Donlen CEO Gary Rappeport a year after the company’s sale to Hertz Global Holdings. One key takeaway was the discovery that the companies have much in common and are leveraging these synergies.

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