EDEN PRAIRIE, Minn. - GE Capital Fleet Services announced late Thursday that it had bought a portfolio of vehicles from Bank of America Leasing and Capital Group for an undisclosed price.The $400 million-asset portfolio, which includes corporate and utility vehicles, consists of about 26,000 commercial trucks and cars spread across the nation.

GE Capital Fleet, which has offices in North America, Europe, Japan, Australia, New Zealand, and Brazil, has more than one million commercial cars and trucks under lease and service management worldwide. It is a subsidiary of GE Capital, the $345 billion-asset financial services company owned by General Electric Co.

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