Wednesday, August 04, 2010 GE Capital Fleet Services Identifies some source of Cost Savings
 GE Capital Fleet Services today announced it identified more than $96 million in cost savings for customers in the second quarter of 2010. GE's work with customers to optimize returns on their fleet investments has resulted in identified cost savings of more than $160 million for the first half of 2010.
During a recent client analysis of a large healthcare company, GE Capital Fleet Services determined that a company car program that utilized leasing and incorporated all vehicle services, such as maintenance, fuel, accident, or others, would result in significant cost savings when compared to the reimbursement program the client had in place. GE Capital Fleet Services assisted the company with the OEM and vehicle selection process and developed a fleet policy to move from a reimbursement program to a company car program, helping the company realize a cost savings of approximately 20 percent.
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