Procurement, as elsewhere in the world, has gained increased influence in fleet purchase decisions in Australia. One byproduct has been the growing trend to sole-source from a single OEM. Although acquisition costs are a key factor, fleet application, fuel economy, CO2 emissions, safety, and overall TCO continue to play important roles in the purchase decision-making process.
Element Financial Corp. has reached a definitive agreement to buy GE Capital's fleet assets in the U.S., Mexico, Australia, and New Zealand. Separately, Arval will acquire the European portion of GE's fleet business.
Before the end of the decade, Mercedes-Benz said it will expand its product range by launching a pickup.
Sales of new vehicles in Australia ended 2014 by delivering sales over the 1 million mark for the third straight year.
Brisbane, Australia-based Penske Commercial Vehicles has announced a new venture with U.S.-based Penske Truck Leasing, Co., L.P. to offer commercial truck rental services in Australia.
A benchmarking project undertaken by Australia's Federal Chamber of Automotive Industries (FCAI) comparing price and specification levels of various new motor vehicles available in the Australian market with equivalent models in the UK.
Opel will export vehicles to Australia and New Zealand as of next year. The cars will be offered under the name of the Australian GM brand Holden.
Transport company McAleese has announced the purchase of Forrestfield logistics company, WA Freight Group, in a share sale and purchase agreement worth AUS$15.4 million.
PACCAR Australia has delivered its 50,000th Australian-designed and manufactured Kenworth truck at its Bayswater plant in Melbourne.
A University of Michigan poll finds that drivers welcome the potential safety benefits of such technology, but they are also worried about data privacy and potential security breaches.
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