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GE Capital Fleet Services and Carfax to Build First Comprehensive Safety-Recall Reporting System - GE Capital Fleet Services 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 - Carfax.com
GE Capital Fleet Services and Carfax to Build First Comprehensive Safety-Recall Reporting System

 

PRZOOM - /newswire/ - Eden Prairie, MI, United States, 2013/04/16 - GE Capital Fleet Services 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 - Carfax.com. NYSE: GE

   
 
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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 driver safety.

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 fleet.

“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.

About Carfax

Carfax (carfax.com) 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 (gefleet.com), based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand.

GE Capital (gecapital.com) offers consumers and businesses around the globe an array of financial products and services. GE (ge.com) 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.

Contact: Allison Perkins, GE Capital, Americas
P: +1 203 229 1447 / M: +1 203 570 6111 - E: allison.perkins[.]ge.com.

 
 
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Agency / Source: General Electric Company

 
 

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GE Capital Fleet Services and Carfax to Build First Comprehensive Safety-Recall Reporting System

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Contact: Sherri Ruesink - Capital Solutions Fleet Services 
952-828-2875 Sherri.Ruesink[.]ge.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

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