Automotive Fleet

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Consolidation

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.

Brazil Rent-A-Car and Fleet Management Company Created

In December 2014, the Board of Directors of JSL S.A. approved the creation of a new company called Movida Participacoes S.A., which will consolidate all its rent a car and fleet management and outsourcing activities.

KONE Takes Fleet Eco-Efficiency to a Higher Level

This 100-year-old global company streamlined fleet operations, reducing costs of the targeted passenger fleet, trimmed dealer out-of-stock purchases, lowered acquisition costs and accident rates, and decreased greenhouse gas emissions.

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