
BBL Fleet Acquires Velcor Leasing Corporation
BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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A 39-word statement in a just-released six-page “fact sheet” on President Trump’s “infrastructure initiative” within his overall budget proposal has brought the toll vs. no-toll contenders out swinging.
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The CEI Group has promoted Bob Glose to the role of senior vice president, who previously served as corporate vice president for the company.
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Pittsburgh has begun to reevaluate its relationship with Uber and the self-driving cars the company has been testing in the city, claiming the ride hailing company has reneged on several promises made to city officials and Mayor Bill Peduto.
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Mercedes-Benz has reduced the price of the Smart Fortwo Electric Drive by $1,200 to $24,550 for a battery EV that increases range and decreases charging time as it enters its fourth generation.
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Ford has replaced CEO Mark Fields with Jim Hackett, who has led its mobility business unit for the past year. Ford views Hackett as a "transformational business leader" as it seeks to boost profit amid investor pressure.
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Subaru's base 2018 Forester with the 6-speed manual transmission will increase $200 to $23,710 for the compact SUV, Subaru has announced.
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Ford will invest $350 million to upgrade the Livonia Transmission Plant, which will create or retain 800 jobs in Michigan, Ford has announced.
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Ford has rolled out Apple CarPlay and Android Auto to its 2016 models with a SYNC 3 software update that customers can download themselves or acquire from a dealer.
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Fiat-Chrysler has applied for certification for its diesel-powered 2017 Ram 1500 and Jeep Grand Cherokee, and intends to modify the emissions software of current models to resolve a dispute with regulators.
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Automotive Fleet has published its annual Fleet 500 magazine, which features a breakdown of the 300 largest commercial fleets in the nation.
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