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News

GM Restructuring South Korea Operations

Photo via Julie Roberts/Max Pixel.

General Motors will close one of its four South Korea factories by the end of May as part of a restructuring of its operations in the country to make its business more profitable.

Australia

George Loukas

China

Brian Luo

Article

Peru: State of the Commercial Fleet Market

The mining industry in Peru is a major buyer of fleet vehicles. Mining is the dominant sector of...

Imported Chinese brand vehicles are increasing their market share in the small business fleet market in Peru since most models are priced well below the average market price. This has put downward pressure on used-car prices.

News

Element Fleet's CEO Nullmeyer Retires

Dan Jauernig, Element's president and COO, has been appointed acting CEO. Element’s board of directors is conducting a CEO search that will include the consideration of external and internal candidates.