Top Industry Leaders in the Automotive Fleet Leasing Market
*Disclaimer: List of key companies in no particular order
Latest Company Updates:
September 2023
Kaizen Automotive Group, a trailblazing company in the automotive sector, has acquired Flex Fleet Rental. With the strategic alliance of Kaizen Automotive Group subsidiary Summit Fleet and Flex Fleet Rental, one of the largest and most dynamic commercial truck fleet entities on the continent, ushering in a new era of possibilities. The synergies that result from this partnership should raise the standard for outstanding customer service and creative solutions.
May 2023
A vehicle purchase agreement has been signed by Mullen Automotive Inc., an up-and-coming manufacturer of electric vehicles (EVs), and MGT Lease Company (MGT), a nationwide fleet leasing provider, to buy 250 all-electric commercial class 3 cab chassis EV trucks. $15,755,000 is the contract's total value. The vehicles will be delivered starting in August 2023, and the purchase agreement must be fully fulfilled by December 2023. The distributor of Mullen's commercial EVs, Randy Marion Automotive Group, will handle the fulfillment of the vehicle orders.
Mullen's all-electric Class 3 EV cab chassis truck, the Mullen THREE, will be acquired by MGT for its fleet leasing portfolio, which focuses on small, medium, and enterprise businesses, both short- and long-term.
August 2023
A new brand called SELECT LEASE by MOBILISE has been introduced to the UK car leasing market, and Mobilise Financial Services has announced that it has acquired a portion of SELECT CAR LEASING.
By working together, Mobilise Lease&Co. can better meet the evolving mobility needs of its clientele by expediting the deployment of operating lease offers, which is consistent with its global strategy.
Top listed global companies in the industry are:
- ARI (New Jersey)
- Glesby Marks (Texas)
- LeasePlan Corporation N.V. (Netherlands)
- AutoFlex AFV (U.S.)
- Velcor Leasing Corporation (U.S.)
- Caldwell fleet leasing (U.S.)
- Wheel, Inc. (U.S.)
- PRO Leasing Services (U.S.)
- Jim Pattison Lease (Canada)
- Sixt Leasing SE(Germany)., among others