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A consortium led by investment firm TPG Global has offered to acquire 100% of Australian-based specialist management services company Smartgroup for $1.38 billion.
Read More →The automotive remarketing sector is seeing big changes due to an increased use of technology, evolving vehicle mix and shifting expectations from buyers and sellers.
Read More →Volvo Cars and ALD Automotive have extended their partnership to Ireland, with ALD providing that country full-service leasing for corporations, small- to medium-sized companies and private individuals through its proprietary dealership network. The partnership, covering Volvo’s full range of vehicles, is a white-labelled agreement, wherein ALD services will be offered under the “Volvo Car Leasing” designation.
Read More →Experts believe the DADSS technology will be a game changer in combating and eliminating drunk driving.
Read More →Accel-KKR, a private equity firm with over $10 billion of assets under management, announced on May 19, 2021 that it has acquired GPS Insight, a fleet management software company. Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada.
Read More →According to an April 22, 2021 report from Bloomberg News, TDR Capital, which is LeasePlan's private equity owner, has drawn interest in LeasePlan from ALD SA and Banco Santander SA as it pursues a sale of the European headquartered fleet management company. .
Read More →Keyless technology combined with telematics is moving beyond traditional carsharing to facilitate in-vehicle deliveries, more automated pickup and return processes, and private carsharing trips with business cars.
Read More →Dealership closures have painfully impacted new car registrations in April 2020, but with the pandemic now lasting for a full year, new options such as click & collect have been established. This reduced the losses in the 2nd and 3rd lockdowns. However, adoption strongly depends on the sales channels. Many private customers are still not comfortable buying their cars online.
Read More →The dashboard will include insights from Manheim.com, Simulcast, OVE, and Manheim Private Stores, giving vAuto Provision clients instant access to data insights that would previously require a full appraisal of the VIN to inform their interest and actions.
Read More →DBi Services is an asset management and infrastructure services company that provides a wide spectrum of services for government and private entities in more than 400 cities and counties across North America.
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