Europe Car Leasing Market Size & Share 2026-2035

Europe Car Leasing Market Size

The Europe car leasing market was estimated at USD 90.6 billion in 2025. The market is expected to grow from USD 99 billion in 2026 to USD 171.2 billion in 2035, at a CAGR of 6.3% according to latest report published by Global Market Insights Inc.

European leasing activity provides the operating context for that trajectory. New leasing volumes in Europe reached approximately EUR 454 billion in 2024, up 3.1% year over year; automotive leasing represented about three-quarters of those volumes. Passenger-car new business grew 4.4%, while the outstanding European leasing portfolio reached EUR 1,008 billion at year-end. ^{[1]Leaseurope, European Leasing Market Overview 2024, leaseurope.org} This depth matters because a car lease is generally renewed on a fleet-replacement timetable rather than purchased only when consumer confidence improves.

Company leasing accounted for USD 58.76 billion, or 64.9%, of the 2025 market, compared with USD 31.84 billion for private leasing. Close-ended contracts represented 75.0% of market value, placing residual-value exposure largely with the lessor. That allocation of risk is central to the market's economics: customers pay for predictable mobility, while lessors must price future resale values, servicing, finance costs, and vehicle availability into the monthly payment.

Western Europe contributed USD 65.39 billion in 2025, or 72.2% of market value, but the highest forecast growth is concentrated in less-penetrated Eastern and Southern European markets. Compact cars led vehicle demand at USD 32.43 billion, while ICE vehicles remained the principal propulsion type at USD 83.06 billion. EV leasing represented USD 7,547 million, or 8.33%, of the market, but its projected 10.8% CAGR signals that the transition will be commercially significant even while combustion-engine contracts continue to grow in absolute value.

That resilience does not remove risk; it relocates it. The faster EV share expands, the more differentiation shifts toward operators that can underwrite battery depreciation, document battery condition, secure manufacturer repurchase support, and remarket vehicles across several national markets. Fitch has identified higher residual-value exposure in European auto lease securitizations with material BEV concentrations because used BEV prices have fallen faster than prices for other powertrains since 2023. The resulting advantage belongs to lessors with scale in data, disposal channels, and capital rather than simply the largest origination footprint.

Key Drivers

Corporate fleet economics and favorable company-car taxation

Corporate fleet leasing is supported by tax systems that materially reduce the post-tax cost of zero-emission company cars in several of Europe's largest leasing markets. Germany applies a 0.25% monthly taxable benefit rate for qualifying BEVs, compared with higher treatment for plug-in hybrids and ICE vehicles. The Netherlands applies a reduced benefit-in-kind rate to a defined portion of the taxable value of qualifying zero-emission cars, while the UK set the rate for zero-emission company cars at 2% for 2024–25. ^{[3]Leaseurope, Ten Years On, How Is IFRS 16 Looking?, leaseurope.org} These rules do more than stimulate registrations: they make the monthly lease payment a vehicle for delivering compensation, especially for salary-sacrifice and employee-benefit programs.

Corporate fleet demand is also widening beyond large multinationals. Arval's corporate fleet reached 1,193,302 vehicles at the end of 2024, while its retail segment, which includes SMEs and individual customers, expanded faster than the corporate fleet. ^{[4]Motor Finance Online, BEV Exposure in European Auto Lease ABS Raises Residual Value Risk: Fitch, motorfinanceonline.com} This broadening customer base increases the addressable market for standardized full-service contracts, particularly where digital onboarding reduces the sales cost of serving smaller fleets.

Electrification and fleet-emission compliance

Leasing has become an important route through which manufacturers and employers introduce EVs into the vehicle parc. Leasing companies accounted for more than one-fifth of new cars sold in Europe in 2022, and EV uptake within leasing portfolios has exceeded the rate in outright-purchase channels in several markets. The contractual model addresses two barriers to EV adoption at once: the customer avoids a high upfront vehicle purchase, and the lessor carries part of the risk that changing battery technology or used-car prices will reduce the vehicle's value at contract end.

Operator results show how this mechanism is translating into fleet activity. Arval's fully electric fleet reached 253,373 vehicles at the end of 2024, a 52% increase year over year, and BEVs represented 22.6% of its new vehicle orders. Alphabet reported a 52% increase in BEV order intake in 2024, while Mobilize Lease&Co recorded 45% EV penetration in new contracts. The European Commission has identified corporate fleets as a decisive channel for decarbonization because these vehicles enter the used-car market relatively quickly after their initial lease cycle.

Expansion of full-service leasing

Full-service leasing converts an asset-finance transaction into a managed mobility contract covering maintenance, tyres, insurance, telematics, driver support, and, increasingly, charging administration. This reduces the administrative load on fleet managers and gives finance teams a defined monthly cost rather than a sequence of unpredictable repair, replacement, and resale decisions. The value proposition becomes stronger for EV fleets, where charging access, battery-health monitoring, and EV-specific workshop arrangements add operating complexity.

The operational scale of leading providers raises the cost of competing through vehicle finance alone. Arval reported 800,000 connected vehicles and access to approximately 700,000 charging points through manufacturer partnerships. Full-service capability therefore improves customer retention while also supplying the mileage, condition, and charging data needed to manage residual values. In a market increasingly exposed to EV depreciation volatility, servicing infrastructure and fleet data are becoming underwriting assets.

Digital origination and fleet-management platforms

Digital leasing tools are lowering the economic threshold for serving private customers, SMEs, and small corporate fleets. Online leasing platforms represented USD 3,860 million in 2025, or 4.3% of market value, but their strategic influence exceeds their current share because they make vehicle availability, monthly pricing, and contract conditions easier to compare.

Incumbents are using digital channels to extend rather than replace relationship-led leasing. Alphabet introduced a fleet-management assistant and expanded direct operations into Slovenia and the Baltic states. Mobilize Lease&Co acquired MeinAuto and Mobility Concept to build a German digital origination channel spanning private customers, local fleets, and larger accounts. As such platforms shorten quoting and onboarding, the competitive boundary shifts toward service quality, risk pricing, and post-contract management rather than dealership reach alone.

Key Restraints

Residual-value volatility, particularly for BEVs

Residual value is the financial variable that can turn an apparently attractive close-ended lease into a loss. Lessors set a predicted vehicle value at contract inception and recover that value through resale, wholesale disposal, or reuse when the vehicle returns. If used-car prices fall below that assumption, the shortfall is absorbed by the lessor. Reuters reported in 2024 that European leasing firms had raised EV lease prices as used BEV values weakened, with some industry participants warning that further pressure could constrain EV leasing availability.

Transport & Environment's analysis found that EV leases were approximately 57% more expensive than equivalent petrol leases in 2023 in the markets it assessed, illustrating how uncertain depreciation can be embedded in monthly pricing. The issue is not simply that EVs depreciate; it is that the used market must assess battery condition, charging history, model upgrades, and technology obsolescence with less standardization than exists for mature ICE vehicles. A weak resale outcome therefore raises costs for the next customer, slowing the very adoption cycle that would deepen the secondary market.

Fragmented national regulation

Europe is commercially integrated but not fiscally uniform. Benefit-in-kind rules, registration taxes, vehicle levies, incentive thresholds, and EV-subsidy timelines vary by country. A pan-European lessor must therefore build country-specific tax logic into product pricing, payroll interfaces, fleet policies, and customer reporting rather than deploying a single standard contract economics model.

Policy reversals can amplify this burden. The removal of Germany's Umweltbonus at the end of 2023 coincided with a weaker German EV registration environment in 2024. For lessors, abrupt changes affect not only new-order demand but also the assumed resale value of vehicles already in contracts. Regulatory diversity consequently favors operators with local compliance capability, multi-market vehicle allocation options, and sufficient scale to spread fixed legal and pricing costs across a larger fleet.

Regulatory fragmentation compounds the underwriting challenge. Providers that combine national tax expertise with broad remarketing networks can tailor monthly offers without fully surrendering margin, whereas smaller operators may need to price conservatively across every uncertain variable. Consolidation is therefore economically rational: it pools residual-value risk, expands used-vehicle disposal channels, and spreads compliance investment across more contracts.

Europe Car Leasing Market Segment Analysis

By Propulsion

ICE: ICE vehicles represented USD 83.06 billion, or 91.7%, of the market in 2025 and are projected to reach USD 149.44 billion by 2035, at an approximate 5.7% CAGR. Existing contractual pipelines, high-mileage operating requirements, and uneven public-charging access sustain ICE leasing across much of Europe. ACEA reported that European new-car registrations grew 0.8% in 2024, while diesel and petrol registrations also increased, demonstrating that the combustion fleet remains commercially relevant even during electrification. ^{[5]Toyota Motor Europe, Toyota Fleet Mobility Acquires Inchcape Fleet Solutions, newsroom.toyota.eu}

EV: EV leasing was valued at USD 7.55 billion in 2025, or 8.33% of the market, and is projected to reach USD 21.76 billion by 2035 at an approximate 10.8% CAGR. Its share is expected to rise to 12.71%. Growth is anchored in fleet-emission policy, company-car taxation, and lessor-supported charging and take-back services. Norway, where EVs accounted for approximately 73.3% of new-car sales in 2024, demonstrates the level of adoption possible when vehicle economics and infrastructure align. The segment's central commercial constraint remains the cost of residual-value protection embedded in monthly lease rates.

By Vehicle

City Cars: City cars were valued at USD 3.87 billion in 2025, representing 4.3% of the market, and are projected to reach USD 6.86 billion by 2035 at an approximate 5.4% CAGR. Their leasing case is strongest in dense urban fleets, shared-mobility pools, and short-range business travel, where low parking demand and access to restricted urban zones matter more than motorway range. The segment's moderate growth reflects competition from better-equipped superminis that preserve urban usability while offering broader fleet flexibility.

Superminis: Superminis accounted for USD 17.97 billion, or 19.8%, in 2025 and are forecast to reach USD 31.72 billion by 2035, at an approximate 5.5% CAGR. The category serves private customers and smaller enterprises that need a manageable monthly payment without reducing everyday practicality. Its outlook benefits from a widening set of smaller EV models, although fleet managers will remain sensitive to monthly-rate parity with ICE alternatives.

Compact Cars: Compact cars led the market with USD 32.43 billion in 2025, or 35.8%, and are expected to reach USD 69.49 billion by 2035 at an approximate 7.7% CAGR. The category fits the standard employee grade for many corporate fleets and can accommodate both conventional and electric powertrains without materially changing vehicle policy. Its higher growth rate reflects frequent corporate replacement cycles and the ability of C-segment EVs to cover a wider range of professional driving requirements than smaller vehicles.

Mid-size Cars: Mid-size cars represented USD 23.03 billion, or 25.4%, in 2025 and are projected to attain USD 40.79 billion by 2035, at an approximate 5.6% CAGR. Demand is concentrated in management allocations and longer-distance business use. Growth remains steady, but larger battery packs and higher list prices can make EV monthly payments harder to justify without favorable tax treatment or substantial employer support.

Executive Cars: Executive cars accounted for USD 10.56 billion, or 11.6%, in 2025 and are forecast to rise to USD 17.03 billion by 2035, at an approximate 4.6% CAGR. Large-corporate cost controls are narrowing some management-grade vehicle policies, while high-value EVs can create substantial lease payments despite tax advantages. Captive finance providers remain comparatively well positioned because they can align vehicle supply, brand incentives, and residual-value support.

Luxury cars generated USD 2.76 billion, or 3.0%, in 2025 and are expected to reach USD 5.32 billion by 2035, at an approximate 6.5% CAGR. The category is small but supported by executive-benefit programs and high-income private customers. In countries where EV taxation is advantageous, electric luxury vehicles can offer a more favorable after-tax proposition than equivalent ICE models, although the residual-value exposure is correspondingly larger.

By End Use

Private Leasing: Private leasing generated USD 31.84 billion, or 35.1%, in 2025 and is expected to reach USD 56.42 billion by 2035, at an approximate 5.6% CAGR. Digital channels and productized full-service offers are widening access, but consumer demand remains vulnerable to interest rates and replacement-payment shocks. In the UK, personal contract hire fleet volumes fell 13.4% in 2024, illustrating the sensitivity of household leasing to affordability conditions. ^{[6]Mobilize Financial Services, Annual Results 2024, mobilize-fs.com}

Company Leasing: Company leasing represented USD 58.76 billion, or 64.9%, in 2025 and is projected to rise to USD 114.78 billion by 2035, at an approximate 6.6% CAGR. Corporate users value cost certainty, standardized vehicle policies, and outsourced fleet administration. UK business contract hire grew 6% in 2024, and BEVs accounted for 54% of new BCH additions in the fourth quarter, showing how corporate leasing can sustain electrification even where private demand softens.

By Leasing Type

Open Ended: Open-ended leasing accounted for USD 22.67 billion, or 25.0%, in 2025 and is forecast to reach USD 38.51 billion by 2035, at an approximate 5.1% CAGR. These arrangements leave more residual-value exposure with the customer, making them less attractive when EV depreciation is difficult to estimate. They retain relevance in markets and fleet-management contracts where mileage-based settlement or customer-held disposal risk is customary.

Close Ended: Close-ended leasing generated USD 67.93 billion, or 75.0%, in 2025 and is projected to reach USD 132.70 billion by 2035, at an approximate 6.6% CAGR. The structure gives customers a known monthly obligation and allows the lessor to control reconditioning, resale timing, and downstream remarketing. Its growth also expands the importance of vehicle-condition data, repair-network capacity, and used-car distribution in lessor profitability.

By Service Providers

Automotive Manufacturers & Dealerships: Automotive manufacturers and dealerships led the market with USD 37.22 billion, or 41.1%, in 2025 and are expected to reach USD 67.59 billion by 2035, at an approximate 5.9% CAGR. Captive finance operations benefit from direct vehicle supply, dealer relationships, and manufacturer support for resale values. Volkswagen Group Mobility reported 5.242 million current leasing contracts at the end of 2024 and 2.187 million new leasing contracts during the year.

NBFCs: NBFCs accounted for USD 11.33 billion, or 12.5%, in 2025 and are projected to reach USD 22.94 billion by 2035, at an approximate 7.0% CAGR. Their growth reflects multi-brand flexibility and the potential for digitally efficient underwriting. Allane reported approximately EUR 747 million in 2024 consolidated revenue across online retail, fleet leasing, captive leasing, and fleet-management activities.

Independent Leasing Companies: Independent leasing companies generated USD 27.35 billion in 2025 and are forecast to reach USD 53.40 billion by 2035, at an approximate 6.6% CAGR. Their competitive position rests on multi-brand choice, cross-border fleet servicing, and data-led management of vehicle returns. Ayvens held a fleet of 3.298 million vehicles at the end of 2024, while Arval managed approximately 1.8 million vehicles.

Online Leasing Platforms: Online leasing platforms represented USD 3.86 billion, or 4.3% of the market, in 2025 and are projected to reach USD 6.95 billion by 2035, at an approximate 5.5% CAGR. Their role is less about displacing managed fleet procurement than changing customer expectations around quote speed, stock visibility, and price comparability. Platforms are particularly relevant for private lessees and smaller fleets that do not require a large account-management structure.

Credit Unions & Cooperative Leasing Programs: Credit unions and cooperative leasing programs accounted for USD 1.25 billion, or 1.4%, in 2025 and are expected to reach USD 2.19 billion by 2035, at an approximate 5.5% CAGR. The channel is concentrated where cooperative banking institutions can pair vehicle leasing with established SME and public-sector lending relationships. Its growth broadly follows market demand rather than the faster structural expansion expected in specialist and independent channels.

Automotive Rental Companies: Automotive rental companies generated USD 7.12 billion, or 7.9%, in 2025 and are projected to reach USD 13.80 billion by 2035, at an approximate 6.5% CAGR. They compete where customers need fleet flexibility between traditional daily rental and multi-year leasing, including project deployments and seasonal labor needs. Europcar Mobility Group reported EUR 3,407 million in 2024 revenue, supported by fleet expansion.

Others: Other providers accounted for USD 2.47 billion, or 2.7%, in 2025 and are projected to reach USD 4.33 billion by 2035, at an approximate 5.5% CAGR. This category includes specialized fleet-management providers, salary-sacrifice administrators, and utility-linked leasing programs. Their relevance lies in serving customer groups whose procurement, payroll, or operational requirements do not fit a standard captive or independent leasing model.

The interaction between company leasing, close-ended contracts, and EV growth is commercially decisive. Corporate customers increasingly seek to externalize vehicle risk, while EV adoption increases the cost and complexity of managing that risk. This gives established captives and large independents an advantage where they can combine manufacturer support, used-vehicle channels, and fleet data; smaller providers may retain specialist niches but face greater difficulty matching fixed monthly prices on EV-heavy contracts.

Europe Car Leasing Market Regional Analysis

Western Europe

Western Europe was valued at USD 65.39 billion in 2025 and is projected to reach USD 101.37 billion by 2035, at an approximate 3.9% CAGR. Its 72.2% share reflects mature corporate-fleet systems, dense dealer and service networks, and established operating-lease usage. Growth is comparatively moderate because the market is driven more by renewals, vehicle upgrades, and electrification of existing fleets than by first-time leasing adoption.

Germany

Germany generated USD 17.96 billion in 2025 and is projected to grow at an approximate 4.0% CAGR through 2035. Its company-car tax treatment provides a strong EV leasing incentive, while local captive providers give the country deep financing and remarketing infrastructure. Volkswagen Leasing GmbH reported EUR 28,351 million in lease income in 2024, with a combined asset base of EUR 60.7 billion. ^{[7]Ayvens, FY 2024 Results, ayvens.com} This scale supports residual-value management, but weaker new-car registrations in 2024 show that leasing is not fully insulated from broader economic caution.

The rest of Western Europe, including France, the Netherlands, Belgium, Switzerland, Austria, Luxembourg, and Portugal, accounted for USD 47.43 billion in 2025. The Netherlands is notable for a high true-fleet share of new registrations, estimated at approximately 48.5% in the cited analysis, demonstrating the degree to which business-use vehicles influence its new-car market. ^{[8]Transport & Environment, Report on BEV Resale Values, transportenvironment.org} Mature-market competition will increasingly depend on EV pricing discipline, charging services, and the ability to retain customers through integrated fleet-management contracts.

Eastern Europe

Eastern Europe was valued at USD 4.04 billion in 2025 and is projected to reach USD 22.82 billion by 2035, at an approximate 19.5% CAGR. The growth rate reflects lower starting penetration, expanding multinational operations, and the formalization of SME fleet procurement. Leasing volume growth in Central and Eastern Europe was the only double-digit regional performance reported in Leaseurope's 2024 survey.

Poland

Poland accounted for USD 1.35 billion in 2025 and is projected to advance at an approximate 24.0% CAGR through 2035. The country's growth is supported by rising corporate vehicle financing and a larger long-term rental fleet. The local market's opportunity is not merely a volume story: expanding provider networks, credit availability, and employer fleet policies create the institutional foundation required for recurring vehicle replacement contracts.

The rest of Eastern Europe, including the Czech Republic, Slovakia, Romania, Slovenia, Bulgaria, Hungary, and Croatia, represented USD 2.70 billion in 2025. KBC Group finalized the acquisition of Business Lease Czech Republic and Slovakia in February 2026 for EUR 72 million, creating a larger regional operational-leasing platform. Such transactions indicate that bank-backed groups see the region's fleet market as sufficiently scalable to justify specialist acquisitions.

Northern Europe

Northern Europe generated USD 16.46 billion in 2025 and is expected to reach USD 33.68 billion by 2035, at an approximate 7.6% CAGR. The region combines the UK's large business-contract-hire market with Nordic leadership in EV adoption. This makes it a useful testing ground for charging management, EV residual-value underwriting, and salary-sacrifice models before they diffuse more widely across Europe.

United Kingdom

The UK accounted for USD 11.01 billion in 2025 and is projected to grow at an approximate 7.2% CAGR through 2035. The BVRLA reported a combined car and van leasing fleet of 1,959,468 vehicles at the end of 2024, a six-year high. Salary-sacrifice leasing grew 61% during the year, with nearly nine in ten additions being BEVs. The UK's tax framework and employer-benefit structure make it one of Europe's clearest examples of leasing functioning as an EV-access mechanism.

Denmark, Sweden, Norway, and Finland accounted for USD 5.46 billion in 2025 and are projected to grow at an approximate 8.3% CAGR. Norway's EV share of new-car sales reached approximately 73.3% in 2024. Sweden's electrified-vehicle market provides a more mixed picture as policy changes have affected demand, but the region still offers operators a developed environment for battery-condition data, charging integration, and returned-EV resale practices.

Southern Europe

Southern Europe was valued at USD 4.71 billion in 2025 and is projected to reach USD 13.34 billion by 2035, at an approximate 11.0% CAGR. The region has material headroom because outright ownership remains more entrenched and formal corporate leasing penetration is below Western European levels. Growth depends on whether providers can translate full-service offers into compelling monthly costs for SMEs and private customers.

Italy

Italy accounted for USD 1.90 billion in 2025 and is expected to grow at an approximate 9.5% CAGR through 2035. Leasys is a significant regional operator, serving 11 European countries and managing 906,000 vehicles at the end of 2024. The company reported 243,000 new contract activations in 2024 and stated a target of one million vehicles by 2026. Italy's leasing opportunity is reinforced by scheduled corporate fleet renewals, which can remain comparatively resilient when consumer registration demand weakens.

Spain, Greece, Bosnia and Herzegovina, and Albania accounted for USD 2.81 billion in 2025 and are projected to grow at an approximate 11.9% CAGR. Spain's 7.1% increase in new-car registrations in 2024 supported fleet replacement activity. In the Balkans and Greece, lower leasing penetration creates a longer runway, although service-network depth, credit conditions, and fleet-management capability will determine how quickly demand becomes contract-based rather than transaction-based.

Eastern and Southern Europe offer a different source of growth: first-time formalization of corporate fleet demand. These markets can create incremental contract volumes, but they also require local credit, service, tax, and vehicle-disposal capabilities. The most durable pan-European strategy therefore combines protected positions in mature markets with selectively acquired or partnered capacity in high-growth countries, rather than treating geographic expansion as a simple increase in sales coverage.

Europe Car Leasing Market Share & Competitive Landscape

Competition is structured around three different sources of advantage: captive access to vehicle supply, multi-brand full-service scale, and country-specific fleet specialization. Automotive manufacturers and dealerships lead service provision because captive finance operations can coordinate vehicle production, dealer delivery, promotional support, and end-of-lease resale. Independent lessors compete through multi-brand choice, fleet-management capability, and cross-border customer servicing.

Ayvens, created through ALD Automotive's acquisition of LeasePlan, had a fleet of 3.298 million vehicles at the end of 2024. Its integration strategy emphasized margin recovery and legal-entity consolidation rather than pure fleet growth, while delivering EUR 121 million of pre-tax synergies during 2024. ^{[9]Leasys, 2024 Full-Year Results, Business Wire, businesswire.com} Arval managed approximately 1.8 million vehicles and increased its fully electric fleet by 52% during the year. These platforms compete not only for contracts but also for the data and remarketing throughput needed to price EV portfolios.

Volkswagen Financial Services, Toyota Financial Services, Alphabet, Volvo Car, Mobilize Lease&Co, Porsche Mobility, PSA Finance, and Leasys demonstrate the importance of captive or manufacturer-linked leasing. Volkswagen Group Mobility reported 5.242 million current leasing contracts and 444,000 used vehicles remarketed in Europe in 2024. Toyota Fleet Mobility's acquisition of Inchcape Fleet Solutions expanded its UK full-service fleet capability, showing how manufacturer-linked providers are seeking multi-brand operational scale as well as brand-specific financing reach.

Regional and emerging competitors remain important where local fleet management, banking relationships, and market knowledge outweigh pan-European scale. Athlon, Europcar Mobility Group, Free2Move, Sixt Leasing (Allane), Business Lease, Hertz Lease, Hitachi Capital Vehicle (MHC Mobility), Nordea Finance, Raiffeisen Leasing, and UniCredit serve different combinations of corporate, SME, rental, and financial-institution channels. Arval's exclusive negotiations to acquire Athlon, announced in December 2025, illustrate the strategic value of consolidating multi-country fleet operations; Athlon operated a multi-brand fleet of more than 400,000 vehicles across 10 European countries.

The competitive boundary is increasingly defined by an operator's ability to convert fleet scale into better EV economics. Providers that can obtain manufacturer repurchase support, monitor vehicle health, offer charging services, and dispose of returned vehicles across multiple channels can narrow the residual-value premium in EV monthly payments. This capability is likely to determine whether a provider captures profitable electrification volume or simply absorbs greater vehicle-depreciation risk.

Recent Industry Developments

• December 2025 - Arval entered exclusive negotiations to acquire Athlon from Mercedes-Benz Group. The proposed transaction covers Athlon's multi-brand fleet of more than 400,000 vehicles across 10 European countries and remains subject to regulatory and competition approvals.
• February 2026 - KBC Group finalized the acquisition of Business Lease Czech Republic and Slovakia. The EUR 72 million transaction expanded KBC's Central European operating-leasing presence and created larger vehicle-management operations in both countries.
• 2024 - Mobilize Lease&Co acquired MeinAuto and Mobility Concept in Germany. The transaction added a direct digital channel for lease origination across private, local-fleet, and large-account customers.
• 2024 - Leasys recorded 243,000 new contract activations and expanded its managed fleet to 906,000 vehicles. The company also reaffirmed its target of one million vehicles by 2026 and a larger low-emission fleet presence.