
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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Matt Falcone has been named national commercial fleet sales manager for Subaru of America. Falcone will succeed Tina Kourakos, who will retire from Subaru of America on Oct. 3, 2022.
Read More →Ben F. Robinson, Jr., CAFM, retired manager of support services for Royal Cup Coffee & Tea Company and past chair of the NAFA Alabama Chapter, passed away on June 24, 2022, after a short illness. He was 77.
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Lanzilotta has been with the company since 1999 and was hired by its founder, Ron Makawa, Sr.
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Used vehicle consignor CarLotz will enable Shift to pursue a new business plan focused on allowing consumers to buy vehicles online, sight unseen, for pickup or delivery.
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The producer of the Bollinger B2 electric vehicle looks forward to Burke's years of experience in the new role.
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Keeton has almost two decades of fleet experience from her time at Siemens.
Read More →Jennifer Moser will join the last-mile mobility team as the global leader.
Read More →Before joining Subaru, Kourakos was a long-time fleet manager at CIGNA and also spent time at sanofi-aventis, where she merged the two fleets and managed an expansion of almost 10,000 vehicles.
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The average price for a new electric vehicle – over $66,000, according to Kelley Blue Book estimates – remains well above the industry average and more aligned with luxury prices versus mainstream prices.
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Sales into commercial fleets were up 19% year over year, and sales into government fleets were up 31%, but rental were down 7%.
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