PHH Canadian Operations Manager Promoted to Sr. VP

Arval UK More Than Doubles Fleet EVs in Past 12 Months

Arval UK officials expect the volume of electric light commercial vehicles (LCVs) to grow in the next few years, particularly as new electric LCV models are introduced and their commercial use is more fully understood.

PHH Said Blackstone Remains Committed to the Deal

MT. LAUREL, N.J. – PHH Corporation take-private buyers Blackstone Group and GE Capital Solutions are expected to respect their commitments in the transaction.

PHH Corp. Announces $300M Increase in Committed Financing for its Fleet Management Business

MT. LAUREL, NJ - PHH Corp. stated the committed funding capacity is to acquire vehicles intended for lease to its commercial fleet customers.

PHH Receives $50 Million Termination Fee From Blackstone

MT. LAUREL, N.J. - PHH Corp. said on Jan. 4 that it received a $50 million fee from Blackstone Capital, whose deal to purchase PHH recently collapsed due to difficulties in getting financing.

PHH Appoints Five New VPs in Business Development

Corporate Fleets Reducing Costs and Emissions With PHH GreenFleet

SPARKS, MD – Fleets utilizing PHH GreenFleet have achieved significant reductions in their emissions while reducing lifecycle operating costs.

PHH Corp. Announces Third Quarter 2005 Net Revenue

MT. LAUREL, NJ — PHH Corp. recently announced results for the quarter ended September 30, 2005. Net revenues and income for the third quarter of 2005 were $292 million and $46 million, compared to net revenues and income of $245 million and $62 million for the quarter ended Sept. 30, 2004.

PHH Comments on Termination of Merger with GE

MOUNT LAUREL, N.J. – PHH Corp. announced Jan. 1 that it terminated its $1.8 billion merger agreement with General Electric Capital Corp. (GECC) because The Blackstone Group, a private equity company, could not obtain financing to acquire PHH's mortgage business.