CARY, N.C. -

As Auto Remarketing prepares for its next “Spotlight on Commercial Consignors” as a part of its National Auto Auction Association Convention print issue, two of those operations — GE Capital Fleet Services and FLD — shared their newest achievements.

On Tuesday, GE Capital Fleet Services announced a major milestone with the sale of its 100,000th customer vehicle through its Remarketing by GE program.

Launched in 2007, Remarketing by GE has enabled more than 300 customers nationwide — including credit unions, independent finance companies, banks and corporations with owned fleets — to outsource the disposition of automotive assets to GE Capital Fleet Services’ team of professional automotive remarketers.

The milestone vehicle was sold at Manheim Chicago and the seller was the Chicago-based Turner Acceptance Corp., a long-time Remarketing by GE customer.

“GE’s expertise in vehicle asset disposition has allowed us to remain focused on our core business: lending to and serving our customers,” Turner Acceptance president Jonathon Levin said. “We truly appreciate the relationship we have with GE Capital Fleet Services, both locally and across the country.”

Paul Seger, vice president of asset remarketing at GE Capital Fleet Services, added, “Remarketing can be a long, complicated process, and in today’s business environment, it’s vital for companies to ensure they obtain the maximum return on vehicles sold at auction.

“Our dedicated and experienced team looks forward to continuing the growth of this vital program for our customers,” Seger went on to say.

GE Capital Fleet Services also announced the launch of an expanded Remarketing by GE website for customers. The website content includes auction sale calendars, information on promotional events, customer testimonials and a direct link to GE Capital Fleet Services’ YouTube channel.

FLD Relocates Offices to Accommodate Company’s Continued Growth

Also revealed on Tuesday, FLD announced it has relocated offices within Delray Beach, Fla. This move comes at a time when the company is continuing to grow and expand its remarketing technology services to accommodate the needs of fleet managers nationwide.

FLD’s new office is now located at 1515 N. Congress Ave. in Delray Beach. Measuring at more than 6,600 square feet, company officials highlighted the new office brings in all departments under one roof, allowing for increased efficiencies and a better customer service experience for clients.

The company went on to mention the new space will allow FLD to continue expanding into the title registration and warehousing segment of the fleet remarketing industry, bringing greater value to the company’s growing customer base.

The larger space will also allow FLD to increase its IT development to support the company’s inventory management program that is being rolled out to the industry later this fall.

“Our old offices served us well for more than 30 years, but with our continued growth, we recognized the need to move into a larger space for future expansion,”FLD chief executive officer Ron Sanders said

“FLD is committed to being the leader in remarketing technology and providing the best tools and services available nationwide, and this move will allow our team to focus on further serving the needs of our customers,” Sanders continued.

In addition to the Delray Beach location, FLD also currently has offices in Baltimore, Denver, Los Angeles, Washington, D.C., Philadelphia and Richmond, Va.

For more information about FLD, visit www.fleetlease.com or call (800) 754-1522.

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