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GE Capital

Overview: Japanese Fleet Market

Japan’s total fleet market size is about 76.5 million vehicles; 3 million vehicles are leased (3.8 million vehicles, including fleet management transactions). The fleet market and the fleet leasing market have been relatively flat for the last few years.

Hard & Soft Cost Impacts of Extended Vehicle Cycling

Lengthening vehicle replacement cycles significantly affects such bottom-line important issues as fleet maintenance budgets, fuel economy, resale values, safety and ergonomics issues, company image, and driver morale.

GE Capital Combines UK Operations

UNITED KINGDOM - Reportedly, the new-look business will be in place by mid-September and will be organized to focus on the needs of four main groups of customers.

Penske Automotive Buys Penske Truck Leasing Stake

BLOOMFIELD HILLS, MI – Auto retailer Penske Automotive Group Inc. bought a nine-percent limited partnership interest in Penske Truck Leasing Co. LP from GE Capital for $219 million, according to Forbes.

PHH Terminates Merger Agreement with GE: What's Ahead?

On Jan. 1, PHH Corp. terminated the $1.8 billion merger agreement because it was not consummated by the stipulated Dec. 31, 2007 deadline. The key problem was Blackstone’s inability to fund its acquisition of PHH Mortgage.

Does Telematics Provide a Good ROI?

Telematics is currently a hot button with fleets. Will the return be worth the initial investment? Many fleets are finding that when used properly, telematics can save a fleet money and pay for itself.

GE Capital Buys McCullagh Leasing For $450 Million

GE Capital purchased McCullagh Leasing from the Bank of New England to expand into the regional, small to mid-sized fleet market. GE Capital's strategy is to maintain McCullagh's U.S. operation as a separate entity.

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