
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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Nissan Group has appointed Tim Franklin its director of product planning for its commercial vehicles, SUVs and pickup trucks, the Nashville, Tenn.-based automaker has announced.
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Nominations for the 2017 candidates for the Fleet Hall of Fame are now being accepted. The deadline to nominate is June 2.
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Hyundai is expanding its Blue Link connected vehicle system for its 2018 models to include three years of complimentary services across three packages that provide remote controls, maintenance alerts, and stolen vehicle recovery.
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Fleet Financials magazine is now accepting nominations for the 2017 Fleet Executive of the Year Award. The deadline for nominations is June 2. The award is sponsored by The CEI Group.
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Fiat-Chrysler has scheduled 24 regional fleet previews from May 9 to June 29 to showcase its 2018 model year lineup to fleet professionals, the company announced.
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Toyota has opened a $154-million expanded research and development center in York Township, Mich., that unifies several operations as part of the company's One Toyota plan.
Read More →There are four types of driver reimbursement models: IRS business mileage reimbursement rate, a fixed allowance, the Fixed and Variable Reimbursement Rate (FAVR), and a hybrid model that uses the FAVR guidelines but delivers the driver payment in a cents-per-mile model.
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Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.
Read More →Through its proprietary technology, Green Commuter is giving its van pool users the ability to rent out their vehicles to neighboring companies that want to supplement their fleets with an additional vehicle during the day.
Read More →Recent years have shown that companies still favor executive fleet programs as a way to attract and retain top talent. However, there are also some factors that are driving executive fleet sizes down for some companies.
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