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GE announced that it has reached an agreement to sell its GE Capital, Transportation Finance business in the U.S. and Canada to BMO Financial Group (BMO).
Read More →The U.S. Federal Trade Commission has granted early termination to the waiting period under an anti-trust law for Element Financial Corp. to acquire GE Capital's fleet management unit.
Read More →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.
Read More →General Electric will sell off its fleet management and automotive financing business units by 2018 under a strategic plan to focus on its core businesses and shed most of its finance and banking businesses, the company has announced.
Read More →A recent study by GE Capital has found that, while medium-duty truck fleets have enjoyed strong performance over the past year, they still face a number of challenges including maintaining margins in the face of increased healthcare costs and the rising cost of maintaining fleet assets.
Read More →HNA Group Company Limited (HNA) of China, a diversified services and integrated operations company, announced it has agreed to acquire GE Capital's TIP Trailer Services.
Read More →Element Financial Corporation and GE Capital announced that they have entered into a definitive asset purchase agreement, in which Element will acquire GE Capital’s Canadian fleet portfolio.
Read More →With this solution, business owners can work with a single provider to acquire, finance and maintain their CNG In A Box system, according to a release from the companies.
Read More →A recent survey by GE Capital found that transportation company chief financial officers (CFOs) across the U.S. see more business opportunities despite rising costs and regulatory challenges.
Read More →According to GE Capital Fleet Services, the move comes at a time of strength for fleet services, which is coming off of strong financial performance, the launch of new service offerings for customers and the opening of the new Vehicle Innovation Center at its headquarters in Eden Prairie, Minn.
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