Ford’s 1-liter EcoBoost Repeats as Engine of the Year, Headed to U.S.
Ford Motor Co.’s 1-liter, three-cylinder EcoBoost engine has become an instant success in Europe, where small cars and smaller engines dominate the market. On Wednesday, Ford’s small engine was for the second straight year named the International Engine of the Year, a prestigious award voted on by journalists across the globe. Learn more
Audi Developing Hydrogen-Powered A7
With automakers showing a renewed interest in hydrogen, Audi appears to be the latest manufacturer to be looking to develop a car that can use the light, clean-burning fuel. Learn more
Sofico Celebrates 25 Years, Eyes New Markets
Belgian-based fleet and leasing software solutions provider, Sofico, will further broaden the reach of its market-leading software solution, Miles, beyond its traditional automotive leasing, finance and fleet markets towards new sectors including mobility management and equipment leasing. Learn more
GE Capital and Element Financial Establish Cross Border Fleet Services Alliance
Element Financial Corporation and GE Capital have entered into a definitive asset purchase agreement whereby Element acquires GE Capital’s Canadian fleet portfolio and the two companies form a strategic alliance to deliver comprehensive vehicle fleet financing and management services to cross-border customers in Canada and the United States. Learn more
Multi-Supplier Agreements Generate Record Savings for Fleets
Fleet Operations, one of the UK’s leading independent fleet vehicle management and administration companies, today announced that in the last twelve months, a record five-million pounds worth of savings have been generated for Fleet Operations’ clients. Learn more
Middle-lane Hoggers and Inconsiderate Drivers to Face Higher Fines in UK
Drivers who needlessly hog the middle lane on motorways face fines of £100 as well as three penalty points under new government measures designed to crack down on careless motoring. Fines for a number of other offenses on the road – including using a handheld mobile phone while driving, or jumping traffic lights – are also expected to be increased from £60 to £100. Learn more
