GE Capital Fleet Services today announced full-year results of identified customer cost savings in 2010. The total amount of identified savings for 2010 was $326 million, with the company-leased versus company-owned vehicles yielding the highest cost savings of more than $68 million.

“Our Strategic Consulting team conducts an in-depth analysis of a customer’s individual fleet and reviews historical costs from vehicle selection and maintenance to moving to company car programs from employee reimbursement plans,” said Brad Hoffelt, Senior Vice President of Analytics at GE Capital Fleet Services. “We work with customers to set an annual cost savings goal that helps manage their bottom line while increasing fleet efficiency.”

“In addition to these areas, we have also seen an increase in identified cost savings around developing green strategies,” said Trudi Beardsley, Strategic Consulting & Financial Modeling Manager at GE Capital Fleet Services. “In the last quarter of 2010, we identified more than $5 million in cost savings for customers and expect continued growth in this area as companies explore new environmental performance strategies for their fleets.”