TURIN, ITALY – In a joint statement, Fiat, Chrysler, and Chrysler's majority shareholder Cerberus Capital Management L.P, said they have signed "a non-binding term sheet to establish a global strategic alliance."
Read More →MIAMI – Ryder System, Inc. has reached an agreement to acquire substantially all the assets of the full service truck leasing, commercial truck rental, and contract maintenance businesses of Edart Leasing Company.
Read More →THE WOODLANDS, TX – With the completion of the acquisition of Automotive Brake Co., FleetPride has added 23 U.S. retail locations during 2008.
Read More →TORRANCE, CA – Magmotor Technologies Inc. will strengthen US Hybrids' capability to bring a complete line of components to medium- and heavy-duty vehicle manufacturers.
Read More →SOUTH PORTLAND, ME – Wright Express Corporation has completed the previously announced acquisition of Financial Automation Limited, a New Zealand-based international provider of fuel card processing software solutions.
Read More →GE Equipment Services has acquired the business of Terion Inc., provider of two-way wireless data communication and information solutions for the transportation industry.
Read More →With the acquisition, clients of both companies can expect expanded services and, shared technologies. LeasePlan's maintenance opera¬tions are headed to Chicago.
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The story of the Colorado Kerrs and General Electric Credit Corp.
Read More →In an exciting move, Xerox Credit Corp. recently signed a letter of intent for the acquisition of LMV Leasing, Inc. Xerox Credit will be acquiring all the stock of LMV from the McKean Corp., which is owned by the three McKean brothers.
Read More →Emkay, Inc., a leading full-service automotive fleet leasing company, was purchased last month by Indiana Capital Corporation, Fort Wayne, Indiana, Arthur Kniebler, and Steven Benedict. The firm was purchased from its founders, Michael Braude and Samuel Katzin.
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