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With its latest acquisition, the collision repair company now has four locations in the Oklahoma City area. Nationwide, Service King has more than 110 locations.
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The Minnesota-based company now has a network of 193 collision repair facilities in 17 states.
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PHH Arval could sell for as much as $650 million if the fleet management division were separated from PHH Corp.'s mortgage business, a Wall Street analyst told AutomotiveFleet.com.
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Goshen, Ind.,-based Supreme Industries, Inc. has reached an agreement to sell its shuttle-bus business to Elkhart, Ind.,-based Forest River, the company announced Friday.
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PHH Corp. has entered talks to possibly sell its fleet management unit to Element Financial Corp., a financial and fleet management company that has partnered with GE Capital Fleet Services in Canada.
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ARI has acquired Drivefleet, a provider of online driver training products and services, the fleet management company announced. Drivefleet offers Web-based driver training courses.
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PHH Corp. increased revenue from its PHH Arval fleet management division by 1.14 percent in 2013 and is considering splitting off the fleet division as a separate company.
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The Board of Directors of Fiat S.p.A. has approved a corporate reorganization following its merger with Chrysler Group that includes the formation of corporate parent Fiat Chrysler Automobiles.
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Fiat finalized its acquisition of Chrysler Group from the UAW's trust today, as it moves to create a global automaker to compete with General Motors and Ford, the company announced.
Read More →With this acquisition, Service King now operates 18 collision repair shops in the West and more than 110 total in the U.S.
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