PRESS RELEASEAllane Mobility Group becomes leasing partner for Kia dealers in Germany
Pullach, February 13, 2024 – Allane Mobility Group (“Allane”), a specialist in vehicle leasing and end-to-end responses in Germany, and Kia Deutschland GmbH (“Kia”) are building a strategic cooperation. With the “KIA Leasing” brand, Kia spouses can now heavily collaborate with Allane as a rental spouse and offer its consumers custom-designed rental products on-site. After an extensive pilot phase, “Kia Leasing” is now available to almost all Kia dealers.
In close cooperation with Kia Germany, “Kia Leasing” offers natural vehicle leasing and a wide variety of related services. As part of the cooperation, the lease is considered comprehensive and includes the return and marketing of the vehicles at the end of the lease term. The Kia broker has the option to buy back the leased cars at the end of the contract term and can therefore optimize its used vehicle business in particular.
Eckart Klumpp, CEO of Allane SE: “Captive Leasing’s expansion with the ‘KIA Leasing’ logo marks a new step in our company’s long-term expansion strategy. We are very happy to be able to take off completely with the “KIA Leasing”. “logo. logo and the Kia Spouse Network”.
The cooperation with Kia is an integral part of the company’s FAST LANE 27 strategy, which focuses on customer needs and aims to find customized digital solutions. Allane already offers dealers the opportunity to conclude leasing contracts largely digitally with the “Allease” portal. In addition, service modules such as maintenance packages can be integrated into the leasing contract with a single click. This allows Kia dealers to expand their product and service portfolio in a targeted manner. With “Allease”, Allane is providing Kia dealers further growth opportunities.
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Allane SE (ISIN: DE000A0DPRE6) is indexed on the Prime Standard of the Frankfurt Stock Exchange. During the 2022 financial year, the Group achieved a consolidated turnover of approximately €717 million.
With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.
In the German market, where Kia started sales in 1993, the logo is represented through Kia Deutschland. Kia’s 100 percent subsidiary, founded in Frankfurt am Main, has more than doubled its sales since 2010. In 2023, 20. 2% of Kia cars were sold in Germany there were already electric cars.
Since 2010, the logo has given Kia a 7-year manufacturer’s warranty (maximum 150,000 km, in accordance with existing warranty conditions) for all new vehicles sold in Europe.