Gen Electric (NYSE:GE)
Historical Stock Chart
5 Years : From Aug 2011 to Aug 2016
Forty-six percent of fleet managers cite cost savings as the primary
focus of executive management as it relates to their company’s fleet
operations, according to a recent survey conducted by GE Capital Fleet
Services. This was followed by on-time delivery and service, driver
safety and resource productivity (all 15 percent).
Accordingly, when fleet managers cited their greatest concerns for 2012,
26 percent said meeting their organizations’ cost-savings goals was
their greatest concern, an increase of three percent since last year’s
survey, followed by driver safety (23 percent) and workforce
productivity (19 percent).
The GE Capital Fleet Services’ survey of fleet managers was recently
conducted at the 2012 NAFA Institute & Expo in St. Louis.
“Whether identifying ways to reduce maintenance spend or fine-tune
vehicle replacement strategies, we continue to experience a high demand
from customers on how best to optimize their fleets and drive out cost,”
said Mark Hayes, chief marketing officer of GE Capital Fleet Services.
“We specialize in working closely with customers to make them successful
based on the demands of today’s business environment and the future
goals of their organizations.”
According to the survey, in the next 12 months fifty-seven percent of
fleet managers will have incorporated alternative fuel vehicles into
their fleets. Fewer fleet managers than a year ago said they do not
currently have plans to incorporate alternative fuel vehicles over the
next 12 months (30 percent today down from 34 percent).
Other key findings from the survey include:
Analytics: Thirty-eight percent use analytics tools to identify
ways to improve operational efficiencies and 24 percent note analytics
have assisted their purchasing decisions.
Vehicle replacement: Only 7 percent of respondents do not have
plans to pursue a vehicle replacement program in the next 12 months.
Leasing versus owning: Forty-eight percent said the majority of
the fleet they manage is leased, equal to the percentage whose fleets
are owned by their company.
For more information about GE Capital, Fleet Services, visit: www.gefleet.com.
About GE Capital, Fleet Services
GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global
fleet management company with operations in the United States, Canada,
Europe, Japan, Australia and New Zealand. Visit the Web site at gefleet.com
or follow the company’s eco news and updates via Twitter (@GEFleetSvcs)
GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit www.gecapital.com
or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on
things that matter. The best people and the best technologies taking on
the toughest challenges. Finding solutions in energy, health and home,
transportation and finance. Building, powering, moving and curing the
world. Not just imagining. Doing. GE works. For more information, visit
the company's website at www.ge.com.