GE Capital Fleet Services has announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles. With interest rising in CNG as a lower-cost, low-emissions fuel for light-duty fleets, GE Capital Fleet Services’ agreement with VNG is aimed at connecting and incenting […]
The popularity of recreational vehicles (RV) grew significantly in 2013, leading RV dealers to look hopefully toward the new year, according to survey results released by GE Capital’s Commercial Distribution Finance (CDF) business. One-third of survey respondents said they expect sales to rise 10 percent to 15 percent next year, and an additional 37 percent […]
GE Capital’s Transportation Finance business announced that it has increased its credit facility for Rush Enterprises, Inc. (Nasdaq:RUSHA) (Nasdaq:RUSHB) to $750 million from $600 million. Rush, which operates the largest network of commercial vehicle dealerships in North America, will use the funds to purchase new and used truck inventory. GE Capital Markets served as the […]
