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Although GE Capital Fleet Services has had strong annual revenue growth and a significant product development agenda, its upcoming sale is part of a larger strategic plan by its parent company to focus on its core industrial businesses.
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Discussions about the possible sale of LeasePlan Corp. have ended after the global fleet management company's Dutch parent and a group of investors were unable to reach an agreement.
Read More →General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.
Read More →FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.
Read More →With its acquisition of Duston & Roberts Collision Center, Service King now has 236 locations in 21 states.
Read More →LeasePlan Corp. is actively discussing selling the Dutch company and its U.S. fleet management division to a group of investors, LeasePlan has confirmed.
Read More →Vehicle logistics service provider MetroGistics has merged with McNutt Automotive Logistics, which provides asset and light logistics services, the companies have announced.
Read More →The collision repair giant acquires four Interstate Glass centers in the Raleigh area.
Read More →Volkswagen AG and a German bank are closing in on a potential deal to sell LeasePlan Corp. to a London-based private equity firm in an agreement that would mark the second sale of a leading fleet management company in less than a year.
Read More →ABRA Auto Body & Glass, a leading national collision repair company, announced the acquisition of seven collision repair centers in the state of Washington.
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