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GE Capital Fleet Services Saves $83 Million For Customers in 2Q

Customers of GE Capital Fleet Services saved $83 million in aggregate during the second quarter of 200

by Staff
August 27, 2009
1 min to read


Customers of GE Capital Fleet Services saved $83 million in aggregate during the second quarter of 2009
, the company says. This amounts to $183 million in savings for its customers in the first half of the year.

"With in-depth data, analysis and scenario planning, we help customers make informed decisions about how best to optimize fleet operations and increase productivity - ultimately leading to cost savings," said Mark Smith, strategic consulting services leader at GE Capital Fleet Services. "As part of this process, we review their fleet policies, processes and financials and then benchmark key fleet metrics against other similar fleets to identify improvement opportunities resulting in millions of dollars in savings."

The area where customers saved the most money was in vehicle-replacement analysis, which helps fleets determine when to keep or replace vehicles in their fleet. Other areas where customers saw savings during the quarter included vehicle model-year planning, lease versus ownership calculation, and lease options versus reimbursement programs.

"In today's economic environment, many companies are evaluating their core business processes and looking to GE to provide the infrastructure and expertise to optimize all, or large portions of, their fleet operations," said Clarence Nunn, president and CEO of GE Capital Fleet Services.

More info: www.gefleet.com

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