Ford and ALD Automotive, two leading global providers of mobility solutions, have signed a shareholder agreement to make an integrated leasing and fleet management solution for European customers.
The new company, Ford Fleet Management, will see both parties collaborate to develop the capabilities to supply a competitive integrated leasing and fleet management offer. Both commercial vehicles and passenger vehicles are going to be offered through Ford’s dealer network also through direct contact and via digital platforms.
This new agreement deepens a long-standing relationship in which ALD Automotive has been providing Ford Lease Services for quite 15 years in Europe.
This relationship is a natural fit, as Ford brings product expertise and connected vehicle capability to this partnership, while ALD Automotive brings global scale and know-how in full-service leasing and management of fleets. The company aims to leverage both parties’ understanding of consumers, product, and mobility services, also as an in-depth dealer network, to deliver the best-in-class vehicle uptime.