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Selig Leasing Company, Inc. has appointed Steve Schaefer as its president to succeed Sari Selig Kramer, who is retiring but will remain on the board of the Milwaukee-area fleet management company.

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Ford's China Partner to Sell SUVs in U.S.

Yongkang, China-based Zotye Automobile has formed a Lake Forest, Calif.-based sales and distribution company and is set to recruit U.S. dealers, the company announced.

GM Sets Up Collision Repair Network

General Motors' Customer Care and Aftersales division has launched the GM Collision Repair Network with Mitchell International Inc. to improve customer satisfaction and drive repair work to the dealers and independent shops who participate.

Lyft Business Partners with Key Industries

The mission of Lyft Business is to help organizations of all sizes design transportation solutions for their employees and customers. Lyft Business works closely with partners to identify solutions that address specific challenges in their industries.

Subaru's Three-Row Ascent Goes on Sale

Subaru has begun selling its three-row Ascent midsize SUV, and offered the first production unit to a loyal Subaru owner in Mequon, Wis., Subaru has announced. The initial vehicle was sold by the Sommer's Subaru dealership.

Fed Reserve Approves Second Rate Hike of 2018

With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.

How Fleets Source Replacement Parts

When procuring replacement parts for their vehicles, more than two-thirds of commercial fleet managers surveyed by Automotive Fleet don't mandate factory parts and nearly three of four didn't identify a preferred brand.