New trend in company car and van sector identified by GE Capital
Manchester, 2nd November 2012: Employers are moving to make drivers of company vehicles more responsible for their condition in an attempt to minimise end-of-contract charges and reinforce residual values, reports GE Capital's Fleet Services division.
The company says that, among its customer base, a number of employers are either implementing new and more stringent driver policies in this area or tightening up on existing ones.
GE announced third-quarter 2012 Operating Earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011.
Please click here to read the rest of the press release, in English.
ABERDEEN, UK --- October 10, 2012---Yesterday, Oct. 9, Fergus Ewing MSP, Scottish Minister for Energy, Enterprise & Tourism, met with GE Oil & Gas at Subsea Systems facility in Aberdeen. Mr. Ewing met Rod Christie, Vice President of Subsea Systems at GE Oil & Gas, to discuss the ambitious expansion plans set in motion at its subsea manufacturing plant in Aberdeenshire, and to understand more about how government can support the oil and gas industry in Scotland.
Fleets have "tightened up" car choice lists, research shows Industry in cost-cutting mode, GE Capital's latest Company Car Trends report finds:
Sale, Manchester, 26th July 2012: A general "tightening up" of company car choice lists has taken place since the start of 2011, according to the latest quarterly Company Car Trends research from GE Capital's Fleet Services division.
Reduction from 152g/km to 123g/km with 120g/km expected soon
Manchester, September 2012: Water and environmental specialist MWH Treatment has reduced its average UK fleet CO2 from 152g/km to 123g/km with the help of GE Capital's Fleet Services division.
The company, which runs 310 company cars, expects to reduce this figure further to below 120g/km by 2013 and has also implemented a successful range of cost efficiency measures under GE's guidance.
