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GE Capital Fleet Services

As we all know, General Electric (GE) has exited the fleet management industry after a three-decade presence, which started in 1984 when GE Credit Corp. purchased Kerr Leasing, a small family-owned leasing company in Englewood, Colo. What is not well known is why GE entered the fleet management industry in the first place. Here is the prologue or “back story” that was the catalyst to GE’s entry into the fleet business.

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2015 Fleet Hall of Fame Inductees Announced

The three newest members of the Automotive Fleet Hall of Fame were inducted during a ceremony at the 2015 Automotive Fleet & Leasing Association (AFLA) Conference in Nashville, Tenn., on Tuesday, Sept. 15.

Merger Mania Hits Fleet Market, Again

Merger mania is hitting the fleet market once again. We’re hearing about potential OEM consolidations and we now have Element Financial Corp. expanding its foothold in the U.S., with the acquisition of GE Capital Fleet Services on the heels of its recent purchase of PHH.

Element Financial's President Explains GE Capital Buy

The president of Element Financial Corp. provides the strategic thinking and explains the impact on the fleet industry of the company's acquisition of GE Capital Fleet Services in an exclusive interview with Automotive Fleet.

Element to Acquire GE Capital's Fleet Business

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.