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Leasing

Driving Force Names New President

Driving Force Vehicle Rentals, Sales, and Leasing has announced that Mark Nolin is the company’s new president. He takes over from Jeff Polovick, who started the company in Spruce Grove, Alberta, in 1978.

How Will New Lease Accounting Rules Affect Small Fleets?

The move to put lease obligations on the balance sheet brings up questions on whether the change would affect a company’s ability to borrow money, its financial statements and the accounting of closed- and open-end leases.

A Relationship Business

In spite of challenging economic times, Driving Force has grown to 30 locations and a fleet of 12,000 vehicles by fostering strong relationships with customers and employees.

Fleeting With Used Vehicles

In the right situations and with the right fleet planning, car rental operators can save up to 20% on depreciation costs with used fleet.

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