Eden Prairie, Minn. -- May 21, 2013 -- GE Capital Fleet Services today announced the results of its 18th annual fleet passenger car maintenance study, which found that overall fleet car maintenance costs increased by seven percent in 2012 compared to 2011. Although scheduled maintenance costs increased, overall car maintenance costs were down 1.5 percent from 2010 due to vehicle replacement initiatives.
The largest drinking water purification plant in Europe to feature GE's (NYSE: GE) ZeeWeed* 500 advanced water treatment technology is under construction in Ravenna, Italy. Located on the east coast of Italy, close to the Adriatic Sea and part of the Mediterranean Sea, this popular tourist destination needed a way to ensure increased water supply, as a result of repeated water shortages, and high-quality drinking water for residents and visitors.
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New facility highlights GE Capital's pan-European deal capabilities
Paris La Défense, 11 April 2013: GE Capital EMEA has signed an agreement with IPH Group to provide trade receivables financing for the company in France, Germany and the Netherlands. Using an innovative SPV structure GE Capital EMEA has been able to underwrite and hold 100% of the facility. The transaction was committed concurrently with the acquisition of the company by private equity sponsor, PAI.