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Element Financial Corp. has reached a definitive agreement to buy GE Capital's fleet assets in the U.S., Mexico, Australia, and New Zealand. Separately, Arval will acquire the European portion of GE's fleet business.
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Quantum has received a contract to develop a specialized 5,000 psi CNG tank specifically configured for an integrated storage system for heavy duty mining trucks in Australia.
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Toronto-based Element Financial Corp.'s acquisition of General Electric's Australian and New Zealand fleet management business creates "significant strategic opportunities," according to the company.
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Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.
Read More →LINE-X Protective Coatings has announced the grand opening of its first master franchise in Australia.
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About 40 percent of annual kilometers traveled in Australia will be in five star cars in 2015, a number expected to increase to nearly 70 percent by 2020, according to the Australasian New Car Assessment Program (ANCAP).
Read More →For Hino Australia, matching an Allison 2500 fully automatic transmission to its J07E-TN engine has enabled FE models to do the work of larger vehicles, while also offering greater accessibility to a wide range of drivers.
Read More →Nissan Australia has confirmed that it will keep its casting and parts factory in Dandenong South open "well beyond 2020."
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DHL Global Forwarding is playing its part in the 100-year anniversary of ANZAC day with the shipment of historic ammunition shells and projectiles gathered from European battlefields where Australian and New Zealand soldiers fought in World War One.
Read More →TomTom announced that it has the acquired Location Navigation, including the WhereIs map assets of Australia from Sensis. TomTom will acquire all business activities of Location Navigation including its mapping IP and customer database.
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