EDEN PRAIRIE, Minn.--(Business Wire)--
GE Capital Fleet Services today announced a first-of-its-kind agreement with
Carfax, the vehicle history expert for the automotive industry, to develop
real-time reporting for fleet managers detailing safety recalls not yet
performed on vehicles within their fleets.
Currently, recall notices are distributed directly from manufacturers to vehicle
operators, putting the initiative to bring vehicles in for servicing with
individual drivers rather than the fleet manager. This can result in the
non-uniform handling of recalls across the fleet and can ultimately hinder
Under the agreement, GE will have access to Carfax`s vehicle data to identify
vehicles from more than 30 automotive OEMs across customers` fleets with recalls
that have not yet been performed. The data will be turned into a customized web
report that provides a complete picture of the open recalls across a specific
"By any measure, driver safety remains a top concern of fleet managers," said Ed
Faulstick, senior vice president - operations for GE Capital Fleet Services.
"Enabling fleet managers to systematically address recall repairs will minimize
downtime and keep their drivers safer."
This safety-recall initiative is another important element of GE Capital Fleet
Services` focus on safety solutions for customers. GE`s safety product suite
includes Accident Services reporting, repairs and subrogation; DriverCare MVR
Manager for motor vehicle record compliance and reporting; and DriverCare Risk
Manager for identifying at-risk drivers and assigning remedial training.
Carfax is the vehicle history expert for used car buyers, sellers and the
automotive industry. Carfax created the Vehicle History Report in 1986 and
maintains the largest vehicle history database ever assembled, comprising over
11 billion vehicle records from more than 75,000 sources across North America. A
Carfax Vehicle History Report, the most trusted resource for vehicle history
information, is an essential step in the used car buying process.
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 website 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
GE Capital, Americas
Allison Perkins, 203-229-1447
GE Capital Fleet Services
Greg McCullough, 952-828-2858
Copyright Business Wire 2013