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Des Plaines, , April 6 - Wheels, Inc., a leader in the North American fleet management & leasing industry, today announced a global partnership with ALD Automotive.
Wheels serves the largest fleet customers in . ALD Automotive is one of the largest fleet management & leasing providers in . Together, Wheels and ALD Automotive serves the strategic needs of multi-national corporations whose large, global fleets require specialized management and attention.
As part of the agreement, Wheels and ALD Automotive offer global consolidated summary reporting to corporate fleet managers. In addition, global customers will have access to market-specific expertise and insights across numerous countries. Finally, the partnership’s customers will benefit from a single point of contact who will manage global initiatives for the worldwide outsourced fleet – an organizational efficiency never before realized in the industry.
“The two brands, ALD Automotive and Wheels are market leaders that have similar customer profiles, as well as comparable service portfolios,” explains Gianluca Soma, CEO of ALD International, holding structure of ALD Automotive. “We believe that combining our respective experience and variety of products will bring best-in-class service at a worldwide level to all of our customers. This will accelerate the homogenization of new products developed by Wheels and ALD Automotive according to each customer’s specific needs.”
James Frank, CEO and Chairman of Wheels, continues, "The combination of Wheels and ALD Automotive is uniquely qualified to provide innovative and comprehensive solutions to our clients in response to their global aspirations and initiatives. No other combination of companies providing fleet management has even close to the extensive industry experience, depth of resources, financial strength, comprehensive coverage and shared commitment to service excellence as that provided by Wheels and ALD Automotive."
ALD International will continue to operate ALD Automotive USA based in . This new arrangement allows US customers the benefit of adapted product and service offerings appropriate for their size and fleet needs.
The partnership focuses solely on global fleet management. Both companies remain financially independent and maintain their existing operations. Now aligned, the companies together serve more than one million vehicles in 40 countries, making it the industry’s farthest-reaching brand. Over 40% of the partnership’s combined customers have already initiated an international approach to fleet.
About Wheels:
Wheels, Inc. (www.wheels.com), which pioneered the concept of auto leasing in 1939, provides a full range of specialized services to help organizations manage their vehicle fleets. Wheels manages more than 270,000 vehicles. Its holding company, Frank Consolidated Enterprises, at $2 billion currently ranks as the largest privately held fleet management company and one of the largest private companies in . For additional information, please contact Bill Robinson, VP International for Wheels at brobinson@wheels.com.
About ALD International:
ALD International is a subsidiary of Société Générale Group specializing in operational car leasing and fleet management. ALD International has been providing corporate and consumer vehicle financing and management solutions since 1946. Present in 39 countries, ALD International operates a fleet of over 786.000 vehicles.
About Société Générale:
Société Générale is one of the largest financial services groups in the euro-zone. The Group employs 151,000 people worldwide in three key businesses: Retail Banking and Financial Services, Global Investment Management and Services, and Corporate and Investment Banking.