LeasePlan

Ayvens Reaches Frame Agreement with Stellantis to Buy Up to 500,000 Vehicles, Making Sustainable Mobility an Easy Choice for All

Retrieved on: 
Monday, February 26, 2024

Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.

Key Points: 
  • Ayvens was created in May 2023 when ALD Automotive acquired LeasePlan, one of the world’s leading fleet management and mobility companies.
  • One of the shared priorities will be integrating Stellantis’ innovative range of sustainable vehicles to support Ayvens’ multi-brand strategy.
  • Carlos Tavares, CEO of Stellantis: “I am thrilled to announce a new ground-breaking agreement with Ayvens, which will aid the progressive transition of Ayven’s client base to choosing more sustainable mobility options.
  • By purchasing Stellantis vehicles with state-of-the-art propulsion, including battery electric vehicles, the agreement aligns with Ayvens’ PowerUP 2026 strategic plan to facilitate a progressive transition to sustainable mobility.

Fleet Management Market worth $55.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 13, 2024

CHICAGO , Feb. 13, 2024 /PRNewswire/ -- The Fleet Management Market is expected to reach USD 55.6 billion by 2028 from USD 28.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.2% during 2023–2028, according to a new report by MarketsandMarkets™. The fleet management industry is driven primarily by the increasing prevalence of automation technology. Companies are progressively incorporating automation into a broader range of operational aspects, particularly fleet management systems for maintenance reminders, dispatching, and route planning. Human resources are freed up by this adoption to concentrate on more strategically important work. The sector is seeing a transition towards automated processes, and automated fleet management jobs' increased efficiency, lower operating overhead, and better decision-making capabilities are significant factors driving the market's expansion.

Key Points: 
  • The escalating fuel costs have become a pivotal factor driving the adoption of advanced fleet management technologies to optimize fuel efficiency.
  • In December 2022, Donlen and LeasePlan partnered to enhance the offering of fleet management and mobility solutions in the North American fleet market.
  • With the monitoring of vehicle usage, idle time, and downtime, fleet management systems maximise fleet productivity through asset utilisation optimisation.
  • Fleet management solutions use data analytics to deliver actionable insights that support wise decision-making and ongoing fleet operation improvement.

Fleet Management Market worth $55.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 13, 2024

CHICAGO, Feb. 13, 2024 /PRNewswire/ -- The Fleet Management Market is expected to reach USD 55.6 billion by 2028 from USD 28.6 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 14.2% during 2023–2028, according to a new report by MarketsandMarkets™. The fleet management industry is driven primarily by the increasing prevalence of automation technology. Companies are progressively incorporating automation into a broader range of operational aspects, particularly fleet management systems for maintenance reminders, dispatching, and route planning. Human resources are freed up by this adoption to concentrate on more strategically important work. The sector is seeing a transition towards automated processes, and automated fleet management jobs' increased efficiency, lower operating overhead, and better decision-making capabilities are significant factors driving the market's expansion.

Key Points: 
  • The escalating fuel costs have become a pivotal factor driving the adoption of advanced fleet management technologies to optimize fuel efficiency.
  • In December 2022, Donlen and LeasePlan partnered to enhance the offering of fleet management and mobility solutions in the North American fleet market.
  • With the monitoring of vehicle usage, idle time, and downtime, fleet management systems maximise fleet productivity through asset utilisation optimisation.
  • Fleet management solutions use data analytics to deliver actionable insights that support wise decision-making and ongoing fleet operation improvement.

FTI Consulting Appoints Ralph Geertsema to Co-Lead Office of the CFO Solutions Practice across EMEA

Retrieved on: 
Wednesday, September 13, 2023

AMSTERDAM, Sept. 13, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Ralph Geertsema as a Senior Managing Director and Co-Leader of the firm’s Office of the CFO Solutions (“OCFO”) practice for Europe, the Middle East and Africa (“EMEA”) alongside Senior Managing Director Christopher Ruell .

Key Points: 
  • AMSTERDAM, Sept. 13, 2023 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Ralph Geertsema as a Senior Managing Director and Co-Leader of the firm’s Office of the CFO Solutions (“OCFO”) practice for Europe, the Middle East and Africa (“EMEA”) alongside Senior Managing Director Christopher Ruell .
  • “Ralph’s considerable experience advising on complex finance projects and change programmes as both a consultant and a senior in-house executive makes him well-positioned to lead our OCFO Solutions practice in EMEA,” said Diederick van der Plas , EMEA Head of the Corporate Finance & Restructuring segment at FTI Consulting.
  • Prior to FTI Consulting, Mr. Geertsema was a Partner and member of the leadership team in the Finance and Shared Services Transformation practice at Tata Consultancy Services.
  • In his role at FTI Consulting, Mr. Geertsema will lead colleagues across the practice in EMEA to support clients on finance strategy, finance transformation and change programmes incorporating the use of finance technology and advanced digital analytics.

ALD: Trading update on Q1 2023 results

Retrieved on: 
Friday, May 12, 2023

ALD recorded a sharp increase in financial results in Q1 2023, driven by high margin growth and continued high Used car sales results.

Key Points: 
  • ALD recorded a sharp increase in financial results in Q1 2023, driven by high margin growth and continued high Used car sales results.
  • Leasing contract margin reached EUR 366.6 million in Q1 2023, vs. EUR 171.4 million in Q1 2022, up 80.7% excluding non-operating items.
  • UCS result per unit [14] came in at EUR 2,535 in Q1 2023 vs. EUR 3,101 in Q1 2022.
  • ALD’s Net Income (Group Share) reached EUR 315.5 million in Q1 2023, up 22.4% from EUR 257.7 million in Q1 2022.

Press Release: KPN nominates Marga de Jager to Supervisory Board

Retrieved on: 
Saturday, April 15, 2023

KPN's Supervisory Board is pleased to announce the nomination of Ms Marga de Jager for appointment to the Supervisory Board.

Key Points: 
  • KPN's Supervisory Board is pleased to announce the nomination of Ms Marga de Jager for appointment to the Supervisory Board.
  • Marga de Jager will succeed Chantal Vergouw who recently has been nominated as a member of the Board of Management responsible for Business Market.
  • Marga de Jager (54, Dutch) is a seasoned executive with broad experience in the private and public domain.
  • Ms De Jager chairs the Supervisory Board of ANWB’s insurance company Unigarant, as well as the Mobility Alliance.

Stellantis and Crédit Agricole Consumer Finance Joint Venture Plans to Acquire Activities of ALD in Portugal and LeasePlan in Luxembourg

Retrieved on: 
Wednesday, March 22, 2023

This announcement constitutes an immediate acceleration of the two companies’ ambitions in mobility and vehicle long-term leasing.

Key Points: 
  • This announcement constitutes an immediate acceleration of the two companies’ ambitions in mobility and vehicle long-term leasing.
  • This announcement follows the partnership agreements between Stellantis and Crédit Agricole Consumer Finance announced in December 2021 regarding the creation of a common NewCo, a European leader in long-term vehicle leasing, and the takeover by Crédit Agricole Consumer Finance of 100% of FCA Bank’s capital.
  • “Together, Leasys and Free2move Lease currently represent a fleet of approximately 828,000 vehicles.”
    Stellantis and Crédit Agricole Consumer Finance also announce the signing of an agreement relating to the sale of ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg.
  • These disposals would take place according to the commitments made by ALD to the European Commission in connection with the proposed acquisition of LeasePlan by ALD.

Mendix Powers Up Openclaims, a Leading SaaS-Based Insurance Provider

Retrieved on: 
Tuesday, March 21, 2023

Openclaims offers a Mendix-based SaaS-platform for insurance firms, vehicle leasing companies and automotive organizations to digitize and automate workflows for claims and repairs management.

Key Points: 
  • Openclaims offers a Mendix-based SaaS-platform for insurance firms, vehicle leasing companies and automotive organizations to digitize and automate workflows for claims and repairs management.
  • Through the Mendix ISV Program, Openclaims is able to leverage Mendix's industry experience and the worldwide Mendix salesforce to reach more customers and accelerate international growth.
  • The Mendix ISV Program is available for partners across all industries to expand their businesses and monetize their domain expertise by selling unique customer-centric solutions.
  • Paul Fondie, global industry principal for insurance at Mendix, says, "Openclaims is a great example of a company that is building its success on the Mendix platform.

Wheels, Donlen and LeasePlan Unite Under Wheels Brand Name

Retrieved on: 
Tuesday, February 28, 2023

DES PLAINES, Ill. and ALPHARETTA, Ga. and HAMILTON, Bermuda, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Following the previously announced LeasePlan USA and Wheels Donlen merger under Athene, the company today announced that they will brand the combined organization as Wheels.

Key Points: 
  • DES PLAINES, Ill. and ALPHARETTA, Ga. and HAMILTON, Bermuda, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Following the previously announced LeasePlan USA and Wheels Donlen merger under Athene, the company today announced that they will brand the combined organization as Wheels.
  • The new Wheels brand builds on the shared history of all three legacy organizations as leaders in fleet management and mobility, while leveraging the strong brand recognition of the Wheels name.
  • Each company has many contributions and history within the industry, always putting clients at the heart of everything they do.
  • Although the name Wheels remains, this is a New Wheels which builds upon:
    CEO Shlomo Crandus said: “We’re thrilled to unify our three organizations into one cohesive business under the new Wheels brand.

ALD: ALD reports full year 2022 results

Retrieved on: 
Sunday, February 12, 2023

On 8 February 2023, Tim Albertsen, ALD CEO, commenting on the full year 2022 Group Results, stated: “In spite of a deteriorating geopolitical and macroeconomic environment, with continued disruptions of supply chains, ALD recorded a landmark year.

Key Points: 
  • On 8 February 2023, Tim Albertsen, ALD CEO, commenting on the full year 2022 Group Results, stated: “In spite of a deteriorating geopolitical and macroeconomic environment, with continued disruptions of supply chains, ALD recorded a landmark year.
  • Since the announcement of its intention to acquire LeasePlan in January 2022, ALD reached a few number of key milestones towards closing.
  • In December 2022, ALD successfully completed its EUR 1.2 billion rights issue, thus securing the financing of the cash component of the transaction price.
  • ALD registered record financial results in 2022, driven by the strong increase in margins and exceptionally high UCS results, which more than offset the LeasePlan acquisition-related costs incurred in 2022.