Wheels Donlen’s parent company has signed a Stock Purchase Agreement to acquire LeasePlan USA, and subsequently combine the business with Wheels Donlen to create a unified fleet management business.
June 13, 2022
In this installment of the State of the Fleet Industry Spotlight Interview, Mike Antich interviews Wheels Donlen CEO Shlomo Crandus for an update on the Wheels Donlen merger and its platform integration.
May 13, 2022
For the 16th year, the FMC was honored for its service and made the 2022 Global Outsourcing 100 list.
February 18, 2022
The new combined Executive Leadership Team (ELT) consists of equal representation from each company and strives to set, meet, and exceed high internal expectations despite functioning as two companies as they work through a seamless and strategic corporate structure and transition plan.
December 16, 2021
Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
October 28, 2021
FMC Donlen is joining the Climate Group’s EV100 as it looks to further a commitment to EV adoption.
September 16, 2021
Hertz Global Holdings has entered into a stock and asset purchase agreement to sell substantially all of the assets of Donlen to Athene Holding.
November 30, 2020
Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.
September 1, 2020
The outlook for the 2020 used market is positive, at least according to three remarketers from three fleet management companies.
January 2, 2020
Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
January 1, 2020
CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.
December 13, 2019
Fleet order-to-delivery times for model-year 2019 increased in comparison to those in MY-2018. Delays were caused by rail constraints, plant downtimes, truck driver shortages, production capacity strains, and early order cutoffs.
September 24, 2019
Deprecation was low through most of 2018. Segments such as sedans performed better than they have in years past, while trucks and SUVs continue to retain their values well.
November 30, 2018
Increased fleet orders for trucks and vans created backlogs at upfitter facilities, increasing lead times and missed ship-thrus. A shortage of rail autorack carriers further delayed deliveries. Despite this, order-to-delivery for most units was similar to 2017.
October 2, 2018
While the way fleets define and perceive executive fleet management has changed in recent years, companies still lean heavily on preexisting methods in executive fleet management as a way to recruit and retain top talent.
January 1, 2018
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