Remarketing

State of the Fleet Market Outside North America

Global Fleet Services is an international alliance of fleet management companies representing global regional markets. The alliance met in Spain to discuss fleet trends in Africa, Asia, Australia, and Latin America.

January 2010, Automotive Fleet - Cover Story

by Mike Antich - Also by this author

The Global Fleet Services (GFS) alliance held its second conference last September in Barcelona, Spain. The conference focused on the pace of global change in the fleet management industry and examined global market trends on a region-by-region basis.

Founded in 1994, GFS is an alliance of fleet leasing companies serving specific regional markets. Companies that comprise GFS are:
● ARI (North America).
● ORIX (Asia and Australia).
● Renting Columbia (South America).
● Eqstra Fleet Management (Africa).
● Total Fleet (South America).
● Johnson & Perrott Fleet (Ireland).

The GFS alliance is represented in 70 countries and manages a combined total of more than 1.5 million vehicles worldwide. The alliance was developed to combine member strengths in serving international companies with global fleet needs for centralized reporting for vehicles domiciled across the globe, global consulting, and global service-level agreements.

The global fleet market was highly turbulent in 2008 and 2009. The following is a report on the state of the fleet market by global region based on GFS Conference presentations.

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