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SOUTH PORTLAND, ME – Wright Express has entered into a definitive agreement to acquire the assets of Financial Automation Limited for approximately US $9 million.

Tags: agreement, Financial Automation Limited, Wright Express

SPARKS, MD – PHH Arval’s Used-Vehicle Remarketing Department has announced a nationwide auction summer gas giveaway program to begin this month.

Tags: PHH Arval, summer gas giveaway, Tanks a Lot!, Used-Vehicle Remarketing Department

TROOPER, PA – Advanced Driver Training Services (ADTS) has introduced a new Web-based driver training course designed to help business fleets reduce their fuel costs.

Tags: ADTS, Advanced Driver Training Services, Driving Green

SOUTH PORTLAND, ME --- Wright Express Corp. hosted its Industry Technology Forum on June 12 at the Wyndham Hotel in South Portland. Eleven leaders from a variety of fleet, point of sale, security and payment processing companies gave presentations highlighting the emerging technology expected to be available in the next seven years.

Tags: Wright Express Industry Technology Forum

SOLANA BEACH, CA – GPS vehicle tracking provider JETT-Track has published a white paper, titled "Four Tips on How to Cut 30% From Your Service Fleet's Monthly Fuel Bill."

Tags: fuel, JETT-Track, white paper

ITASCA, IL – For the second year running, EMKAY, Inc. is providing employees a $500 prepaid fuel card to help manage the continued high cost of fuel.

Tags: EMKAY, fuel prices

WASHINGTON, D.C. – According to an informal GHSA survey of state highway safety agencies, only Wisconsin reports a noticeable trend of reduced speeds as a result of high gas prices.

Tags: GHSA survey, speed limit, Wisconsin

DEARBORN, MI – The new six-speed automatic transmissions in the 2009 Ford Escape and Mercury Mariner deliver more torque and use less energy at cruising speeds, which saves gas.

Tags: 2009 Ford Escape , Ford, Mercury Mariner , save fuel , Six-Speed , Six-Speed Transmissions

NASHVILLE, TN – Fleet One, LLC, a provider of fuel cards and fleet-related payment solutions to businesses and government agencies with vehicles, was selected by the Commonwealth of Kentucky to a four-year contract for government entities to be able to use the Fleet One Local fuel card at more than 1,000 retail locations throughout Kentucky.

Tags: contract, Fleet One, fuel cards

BURLINGTON, N.J. – The Dossier User Group will hold its annual meeting on Apr. 30 and May 1 at Harrah’s Las Vegas. The Dossier Users Group is an independent organization of fleet professionals whose common interest is their use of Dossier maintenance management software from Arsenault Associates.

Tags: Dossier, maintenance

NEW JERSEY – The NJ chapter of NAFA is starting an annual executive seminar month, created to provide above best-in-class educational opportunities for its members and increase the visibility and recognition of the fleet manager.

Tags: Executive Training, NAFA, NAFA NJ

SPARKS, MD - PHH Arval announced that in 2007 it recovered more than $34.5 million on behalf of its corporate clients through its vehicle accident subrogation program.

Tags: PHH Arval, subrogation

MUNICH, GERMANY – BMW plans to introduce two new diesel models in the United States: the X5 xDrive35d SUV and the 335d sedan.

Tags: 335d sedan, BMW, diesel, X5 xDrive35d SUV

AFFALTERBACH, GERMANY – Mercedes-Benz’s AMG performance division is again considering the idea of putting diesel power (and possibly hybrid power) in a performance vehicle.

Tags: AMG, diesel

SEATTLE --- King County in Washington is using Kenworth Truck Company's medium-duty, hybrid-electric truck for utility operations.

Tags: alternative fuel, government fleet

REDWOOD SHORES, Calif. --- GreenRoad Technologies Inc., which specializes in improving driver safety, has secured an investment of $14.5 million led by Virgin Green Fund and Benchmark Capital with participation from Balderton Capital.

Tags: fuel efficiency

LOS ANGELES --- A new cost-cutting proposal from Los Angeles Mayor Antonio Villaraigosa, which would eliminate most of the vehicles in the city's executive motor pool as well as some cars from other fleets, is generating controversy.

Tags: alternative fuel fleets, government fleets, municipal fleets

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell below $3 a gallon for the first time since Christmas Eve. The price dropped to $2.977 per gallon as of Jan. 28.

Tags: fuel prices

PLAINS, Ga. --- Alterra Bioenergy has delayed plans for a biodiesel refinery because of high soybean oil prices, the Macon Telegraph reported.

Tags: alternative fuel, biodiesel

WASHINGTON, D.C. --- During a tense Senate committee hearing last Thursday, the head of the Environmental Protection Agency defended his refusal to let California set limits on the greenhouse gas emissions of automobiles.

DETROIT --- General Motors Corp. has formed a new engineering group to focus on hybrid vehicles, extended-range electric vehicles and battery technology, Dow Jones reported.

SACRAMENTO, Calif. --- The California Assembly this week is expected to vote on the California Clean Car Discount Act, a bill seeking to impose charges and grant rebates based on a vehicle's emission of carbon dioxide and other gases, the Los Angeles Times reported.

SHANGHAI, China --- Shanghai General Motors, GM's biggest joint venture in China, unveiled its first China-made hybrid vehicle last week and pledged to deliver GM's E-flex electric drive system and a fuel-cell version of that system to China after 2010, the Detroit Free Press reported.

WASHINGTON, D.C. --- The U.S. average retail price for regular gasoline fell to $3.017 per gallon, as of Jan. 21.

NEW YORK --- Oil prices today dipped below $90 a barrel, amid worries about the U.S. economy and its impact on oil demand.