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GE Capital Fleet Services

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April 13, 2015 - Industry News

GE to Sell Fleet Management Unit by 2018

General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.

Tags: GE Capital Fleet Services, Fleet Management Companies, Mergers & Acquisitions, Equity Markets

June 30, 2014 - Industry News

GE Capital: 27% of Fleets Expect to Expand Within a Year

Average revenue of firms surveyed that operate vehicle fleets was $191.7 million. Those companies employed an average of 1,439 people.

About two-thirds of executives at middle market companies ($10 million - $1 billion in sales) with responsibility for their company’s vehicle fleets, surveyed by GE Capital saw improved overall performance and improved financial performance compared to the same period a year ago. Many are making plans to expand their fleets, hire more workers and grow revenue in the year ahead.

Tags: GE Capital Fleet Services

June 6, 2013 - Industry News

Driver Safety Becomes Top Priority of Fleet Managers

According to a recent survey by GE Capital Fleet Services, the biggest concern for fleet managers is ensuring the safety of their drivers. With more than a third (36%) of fleet managers citing it as their predominant concern, driver safety outpaced cost-savings goals and workforce productivity (22% each).

Tags: Driver Safety, GE Capital Fleet Services

May 13, 2013 - Industry News

Survey: Productivity is Top Focus for U.S. Truck Fleets

Forty-four percent of fleet managers cited maximizing productivity as their primary concern in managing their company’s truck fleet, according to a recent survey conducted by GE Capital Fleet Services.

Tags: GE Capital Fleet Services

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