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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.

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.

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.

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