PRESS RELEASE
Date: January 25, 2005
For Immediate Release
Contact: International Automotive Remarketers Alliance (IARA)
Matt Marks, Executive Director
Phone: 973/398-2274
info@iaraonline.org
GE Commercial Finance, Fleet Services and LeasePlan USA Join IARA
MT. ARLINGTON, N.J. -- Paul Seger, vice president of asset remarketing at GE Commercial Finance, Fleet Services, a fleet management company headquartered in Eden Prairie, Minn., with more than 1.4 million cars and trucks under lease and service management globally, has announced that Fleet Services has joined the International Automotive Remarketers Alliance (IARA) as of Jan. 18. Remarketing more than 120,000 units per year, GE Commercial Finance, Fleet Services is one of the largest institutional remarketing companies in the U.S., says Matt Marks, executive director of IARA.
Additionally, Bryan Calloway, senior VP at LeasePlan USA, an Alpharetta, Ga.-based vehicle management company that operates more than 1.1 million vehicles, has announced it has joined IARA.
Wheels, Inc., a fleet management services company of Des Plaines, Ill., which has more than 196,000 vehicles on lease and 240,000 under management, has also recently joined IARA.
Currently, there are four fleet management companies that are members of the IARA. They are Donlen; GE Commercial Finance, Fleet Services; LeasePlan USA, and Wheels, Inc.