GE Capital enjoys E-commerce rush

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MINNEAPOLIS, Minn. – In just five months since its initial launch, GE Capital Fleet Services’ web ordering application, located at, now averages more than $3 million a day in online vehicle sales, according to the financing company.

The number of transactions is expected to nearly triple within the next six months, a company official adds.

“Currently, more than one-third of our customer base is using our online ordering tool to conduct every aspect of the ordering process,” said John Schmitz, e-commerce product manager at GE Capital Fleet Services. “From vehicle pricing and configuration, to manufacturer updates and upfits, to complete online ordering for an entire fleet. Customers are quickly seeing the value and we anticipate averaging more than $7 million in online transactions by May 2000.”

According to GE Capital Fleet Services, its ordering tool is the most comprehensive vehicle ordering application in the industry. With real-time access to manufacturer options, prices, availability, fleet managers have a virtual one-stop shop for all their ordering needs, a GE spokesman says.

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