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Fleet Acquisition

Newsby StaffFebruary 2, 2017

Fleet Sales Decline in January Across the Board

Sales of fleet vehicles to commercial, daily rental, and government buyers slipped lower in January, despite year-over-year growth in sales of trucks, vans, and SUVs, according to the automakers and Automotive Fleet data.

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NewsOctober 18, 2016

New Leasing Service Available to Rental Companies

The Bancorp’s new subsidiary, TBBK Direct Leasing, will serve as a fleet leasing and management company to small and mid-size commercial and rental fleets in the New Jersey, New York, and Connecticut markets.

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ArticlesSeptember 23, 2016

Ford's 2017 Fleet Preview

Several MY-17 Ford vehicles were available to drive on eight different test tracks at the preview’s drive experience. Preview attendees included 900 of Ford’s top commercial, government, and rental customers.

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NewsApril 20, 2016

BMW Names Fleet Sales Head For North America

BMW has named David Duncan to head of corporate and special sales for the automaker in a role that oversees corporate fleet sales, executive allowance sales, and daily rental sales. The appointment is effective May 1.

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NewsSeptember 9, 2015

AutoNation Won’t Sell or Lease Vehicles With Safety Recalls

AutoNation Inc., one of America's largest automotive retailers, has announced a policy to not sell, lease or wholesale any new or used vehicle that has an open safety recall.

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Articlesby Chris BrownSeptember 8, 2015

AutoAp Launches Recall Notification Service

Dynamic Recall Management service enables fleet managers to access the daily recall status of their vehicles.

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Newsby Amy HercherJuly 28, 2015

Fleet Jam Session Returns to Auto Rental Summit

Three-hour workshop to feature fleet planning strategies, auction best practices, new lending opportunities and an insider’s look at repurchase programs.

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Articlesby Amy HercherJuly 23, 2015

How Lenders Can Help Rental Fleets

Four car rental operators share their stories of finding lenders, how they strengthened these relationships, and how lines of credit have helped their businesses expand.

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Articlesby Chris BrownJuly 23, 2015

How Rental Companies Use Leasing

From taking advantage of a lessor's buying power to conserving capital, leasing is a good way to put wheels on the road — after doing your homework on the right type and terms for you.

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NewsJune 29, 2015

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.

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