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Fleet History

Little-Known Story on What Motivated GE’s Entry into the Fleet Market

As we all know, General Electric (GE) has exited the fleet management industry after a three-decade presence, which started in 1984 when GE Credit Corp. purchased Kerr Leasing, a small family-owned leasing company in Englewood, Colo. What is not well known is why GE entered the fleet management industry in the first place. Here is the prologue or “back story” that was the catalyst to GE’s entry into the fleet business.

Ruminating About the Medium-Duty Truck Market

As we approach the start of a new calendar-year, it is inevitable that we take a look at where we’ve been and where we are going. I'll start by examining the evolution of the medium-duty truck market over the past 45 years and then identify the key trends that will influence product design in future model-years.

June 29, 2007: A Seminal Day in the History of Fleet

Significant dates in the history of fleet management, which ushered the start of profound change in the industry, include: Oct. 16, 1973 - The first OPEC oil embargo, which completely altered the types of vehicles driven by fleets and August 12, 1981 - IBM’s launch of its first desktop computer, which expanded computerization beyond the IT department to the desktop of every fleet manager. In future years, a new milestone date will be recognized - June 29, 2007.

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