Alcomotive chooses Arval as leasing partner
Alcomotive, the distributor of the automotive brands belonging to the Belgian Alcopa group, chooses Arval as the sole partner for its leasing activities for its six brands in the six European countries it is active in.
As a representative of (Asian) brands that are not very well established yet in the leasing/fleet business, Alcomotive was already looking for a while for a reliable and successful partner in its B2B activities.
It found this ‘White Label’ partner in Arval. The BNP Paribas Fortis-owned leasing company was chosen after a long selection process that took into account the strengths of both partners, also on the international scene.
Arval will offer operational leasing formulas and private leases for Hyundai Lease, Suzuki lease, MG Lease, SsangYong Lease, Isuzu Lease, and Maxus Lease. Prices should be very competitive.
Therefore, both companies will work on a uniform strategy and vision that will be implemented in all countries where Alcomotive is represented. This includes Belgium, of course, the Netherlands, Luxembourg, Germany, Poland, and Switzerland.
As of September 1st
The first brands will be online as of September 1st. One month later, all six brands will be fully operational in Belgium and Luxembourg. After that, the other countries will follow.
A special focus is reserved for Germany and the Netherlands. Alcomotive sees serious potential in Maxus there because of what it can offer in the world of e-LCV products.
Alcomotive is part of Bergé Auto (60%) and Alcopa (40%), both family-owned companies. The company is a Belgium-based European actor in distributing automotive brands (six of them, at the moment). It also provides peripheral services related to mobility. It employs some 350 people and has more than 400 dealers in six European countries.