Total Engine Asset Management Pte. Ltd.

In 1939, Zollie Frank, proprietor of the nation’s largest Chevrolet dealership, Z Frank Chevrolet, pioneered the North American fleet management industry when he developed a creative solution for a pressing client need. A large Chicago company, Petrolagar, was losing salespeople after helping them fund the down payment on a personal vehicle that they would use on the job. Zollie designed a closed-end leasing solution to help the client improve salesperson retention while incurring a predictable monthly cost. With the acquisition and lease of 75 vehicles, the Wheels business was born. From those humble beginnings, Wheels grew into an industry leader.

In 1963, LeasePlan is founded in Amsterdam by Anton Goudsmit, Huib van der Meulen and Frits Kuiper to lease equipment – a business virtually unknown in the Netherlands.

In 1965, Don Rappeport and Len Vine found a new fleet management company and they name it Donlen.

In December 2022, with the announcement of the Wheels Donlen and LeasePlan USA merger, a new entity has emerged – a customer-centric provider of comprehensive fleet management solutions