Press Releases

28Oct

ALD AUTOMOTIVE REPORTS A POTENTIAL FOR GROWTH OF THE BULGARIAN OPERATIONAL LEASING MARKET

ALD AUTOMOTIVE REPORTS A POTENTIAL FOR GROWTH OF THE BULGARIAN OPERATIONAL LEASING MARKET

The first international company in Bulgaria, which offers operational leasing with full service and fleet management - ALD Automotive, reported more than 20070 cars leased under operational leasing since the beginning of their business activity in Bulgaria in July 2014. The Company steadily grow due to the increased demand for these services by corporate clients.

 

The advantages of the service "full operational leasing" for the business are numerous. Among the most important are the release of resources, which enables the company to focus on its core business activity, while the responsibility for its mobility takes the leasing company. Vehicle ownership also remains in the leasing company and the customer does not bear the risk associated with residual value and vehicle maintenance. Full Operational Leasing provides financial predictability for customers because they pay a fixed monthly installment for the car. Businesses find a consultant in the face of the leasing company during the entire process of selecting the vehicle to provide the necessary support services and analysis of all vehicle-related costs.

 

ALD Automotive is part of Societe Generale Group and is the first international company in that business sector on the domestic market.  ALD Automotive is also a global leader in the financing and management of fleets with 50 years of experience, with direct presense in over 40 countries and 5000 employees worldwide.

 

The total number of leased cars under operational leasing on the whole Bulgarian market up to date is around 16,000, which makes the ALD 12% market share and ranked first among competitors. The company predicts 15% growth of leasing services at local level in 2016 compared to 2015 as a result of it – an  increasement in the total number of leased cars to over 19 000. The same trends sensitive growth is expected to be retained in 2017

 

"The operational leasing market in Bulgaria is not as mature as in the more developed economies but hides enviable growth potential. We in ALD reports steady growth in the size of our fleet since our entering on the Bulgarian market up to date. Although the number of leased vehicles presents only  a small part of the global results of ALD Automotive, which exceed 1.1 million vehicles under operating leases, we notice real opportunities for expanding the local business. I attribute this mostly to the need for this kind of services for international and local businesses, the benefits of them, and the professionalism with which our team takes care of every single customer, "said Klaudija Casar Torkar, CEO of ALD Automotive Bulgaria.

 

The services that the Bulgarian company provides its partners includes full maintenance, delivery and registration of vehicles, insurance manahement, tire management, 24/7 breakdowne assistance in Bulgaria and the European Union, the "Door to Door ", comprehensive consulting for the duration of each individual contract and comprehensive on-line reporting system.

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