Arval UK expands into used vehicle leasing

Arval UK has launched a used vehicle leasing product called Re-Lease, aimed at the small business and consumer market. The vehicles on offer are taken from Arval’s own fleet, have fewer than 30,000 miles on the clock and are less than 30 months old. Leases are being offered at 12 and 24 months, over contract lengths from 5,000-25,000 miles per year and with prices that are typically 20% less than an equivalent new model.

Arval UK expands into used vehicle leasing

Oct 08, 2018

Arval UK has launched a used vehicle leasing product called Re-Lease, aimed at the small business and consumer market. The vehicles on offer are taken from Arval’s own fleet, have fewer than 30,000 miles on the clock and are less than 30 months old. Leases are being offered at 12 and 24 months, over contract lengths from 5,000-25,000 miles per year and with prices that are typically 20% less than an equivalent new model.

Alphabet expands into Turkey through partnership

Global leasing giant Alphabet has expanded its international presence by launching in Turkey, its 24th global market. Its expansion is based on a collaboration with Hedef Filo and will cover a range of finance products along with mobility services. Hedef Filo is one of the leading providers of fleet management and operational leasing services in Turkey for corporate customers, with more than 6,300 customers, 28,000 vehicles and six offices.

Alphabet expands into Turkey through partnership

Oct 03, 2018

Global leasing giant Alphabet has expanded its international presence by launching in Turkey, its 24th global market. Its expansion is based on a collaboration with Hedef Filo and will cover a range of finance products along with mobility services. Hedef Filo is one of the leading providers of fleet management and operational leasing services in Turkey for corporate customers, with more than 6,300 customers, 28,000 vehicles and six offices.

Amazon signs one of world’s largest fleet deals with Mercedes-Benz

Amazon has become the world’s largest customer for the Mercedes-Benz Sprinter with an order for more than 20,000 vans in the US. The deal was announced as Mercedes-Benz Vans opened its new Sprinter plant for the North American market, where most of the initial production has been for the global online retailer. The facility in South Carolina cost $500 million, with more than 900 people working at the expanded site. That number is set to grow up to 1,300 by the end of 2020.

Amazon signs one of world’s largest fleet deals with Mercedes-Benz

Sep 10, 2018

Amazon has become the world’s largest customer for the Mercedes-Benz Sprinter with an order for more than 20,000 vans in the US. The deal was announced as Mercedes-Benz Vans opened its new Sprinter plant for the North American market, where most of the initial production has been for the global online retailer. The facility in South Carolina cost $500 million, with more than 900 people working at the expanded site. That number is set to grow up to 1,300 by the end of 2020.

Europe

Aldermore funding helps fleet’s European expansion plans

Aug 29, 2018

UK-based Chariots Express has agreed an increase in its finance facility with specialist bank Aldermore to fund European expansion plans. The deal, worth £300,000, will enable the business to compete for new contracts both in the UK and abroad and also manage the increase in expenditure associated with expansion.

Americas

Penske Truck Leasing to promote EV charging

Aug 31, 2018

Penske Truck Leasing, a specialist in full-service truck leasing, has joined the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting the Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types. Penske will focus its attention on helping to promote electric vehicle charging standards for commercial vehicles in North America by participating with the group's High Power Charging for Commercial Vehicles Task Force (HPCCV Task Force).

Asia Pacific

Alphabet partners with Major Profi to expand into Russia

Aug 29, 2018

Global vehicle leasing company Alphabet International has expanded into Russia in partnership with Major Profi. The agreement increases Alphabet’s global reach to 23 countries. Rüdiger Ebel, head of new markets at Alphabet International, said: “We are happy to partner with Major Profi and strengthen our presence in Russia. “Major Profi has a reputation as an excellent service provider for its customers. We look forward to working with our new partners to expand our range of services in a country with a growing economy.”