Holman and FATEC Group are poised to offer multinational fleet operators transparent fleet management solutions with unsurpassed flexibility and control on a global scale.
Effective July 15, Andreas Renschler is leaving the boards of management for both Volkswagen AG and Traton SE “by best mutual consent,” according to a press release.
Cummins Inc. recently appointed Amy Davis as both vice president and president of the New Power segment, replacing Thad Ewald, who will continue to lead strategy and corporate development for Cummins.
Carol Tomé will take over as UPS chief executive officer this June, with current Chairman and CEO David Abney becoming become executive chairman of the board.
In Q4 2018, Element CEO Jay Forbes launched a three-phase transformation strategy to increase client-centricity by simplifying processes, eliminating redundancies, and automating manual work to enhance consistency of service.
Element Fleet Management Corp. recorded a profitable first quarter, as it strengthened its balance sheet with $150 million in planned benefits from its company transformation plan that was announced in October.
Workhorse Group announced its intention to spin off its aviation division, which includes its SureFly personal helicopter, into a separate publicly traded company named SureFly Inc. – but it will hold on to the HorseFly drone designed for parcel deliveries.
SambaSafety has entered into a definitive agreement with ABRY Partners, a private equity firm, that will lead to a reorganization of the company.
Stellar Industries announced that it will close its Kiefer Manufacturing facility in Sneedville, Tenn., on Dec. 31, 2015, and transition its Kanawha, Iowa, operation to a Stellar company effective Jan. 1, 2016.
Toyota Motor Corporation (TMC) and Toyota Motor Corporation Australia Ltd. (TMCA), its production and sales subsidiary in Australia, have announced TMCA’s new business structure for 2018 onward.
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