General Electric to Sell Italian Lending, Fleet Business

General Electric Co. has picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus the U.S. conglomerate around its industrial base, two sources familiar with the matter said, according to a Reuters report.

Sable Wins North American President's Quality Award

The Mercury Sable is a winner of the 2002 North American President's Quality Award. The Sable was given this award for having the lowest TGW for any vehicle.

Carfax Joins Honda and Acura Certified Pre-Owned Programs

Carfax has joined American Honda Motor Co. in support of its Honda and Acura Certified Pre-owned programs (CPO).

N.J. Law Punishes Drowsy Drivers

According to the Associated Press (AP), sleep-deprived drivers who cause deadly crashes now face criminal penalties under a measure that became law on Aug. 5 in New Jersey. The report states that the bill signed by Gov. James McGreevey allows prosecutors to charge a sleep-deprived driver with vehicular homicide, punishable by up to 10 years in prison and a $100,000 fine.

Wise Named Nat'l Remarketing Manager at Charleston

Keith Lelux, owner of Charleston Auto Auction, has announced that Chris Wise is the auction’s new National Remarketing Manager. Wise comes to Charleston after five years with the Carolina Auto Auction, where he began as a condition report writer and, after several promotions, worked most recently as lease manager.

ICE Technology Isn’t Dead — Look for These Gains Ahead

A new report provides a summary of comprehensive research focused on improving the internal combustion engine efficiency and emissions.

Renault Duster Joins Brazil's Military Police

The Renault Duster has been chosen by the Brazilian Military Police as its vehicle of choice.

Hyundai Announces New Fleet Manager

Bob Kenney has joined Hyundai Motor America as the new Fleet Sales Manager.

Mark Miller to be Named President/COO of Cendant’s Travel Division