MISSISSAUGA, ONTARIO - PHH Arval, a leader in fleet management services in Canada and the United States, hosted the 2010 Fleet Management Symposium and Ride & Drive event in Mississauga, Ontario, last week.

Attendees test-drove some of the industry's newest model vehicles, including 2011 model year previews. Seventy new cars and light trucks from a variety of manufacturers were available to view and drive.

"This was a great opportunity to provide our clients with a truly interactive experience," said Jim Halliday, President of PHH Canada. "The Symposium featured industry-leading insights and best practices, while the Ride and Drive and Technology showcase gave attendees the chance to get hands-on experience with the vehicles and technology that are crucial to their success."

The symposium on fleet management began with a keynote speech by Benjamin Tal, Senior Economist, CIBC World Markets, who provided an analysis of the current state of the global economy.  PHH Arval experts also addressed key issues affecting the fleet industry, including a macroeconomic overview and its impact on vehicle fleets; a manufacturing and used vehicle market update; and a case study on accelerated vehicle replacement.

PHH innovators demonstrated new PHH mobile and onboard technology at the Technology Pavilion. Many test-drive vehicles were equipped with PHH Onboard® GPS telematics. PHH will provide a summary report of driving data collected from the event, such as most-driven vehicles/least driven vehicles, speed results, safety data, and green driving behaviors to event attendees.

About PHH Arval

PHH Arval, a subsidiary of PHH Corporation [NYSE: PHH <http://www.phh.com> ], is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions to corporate clients, including nearly one-third of the Fortune 500 companies. Through consultative expertise, flexible customer service, and award-winning Internet technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com <http://www.phharval.com> , or call 800 ONLY PHH.

About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary, PHH Mortgage, is one of the top five retail originators of residential mortgages in the United States1, and its subsidiary, PHH Arval, is a leading fleet management services provider in the United States and Canada. For additional information about the company and its subsidiaries, please visit our Web site at www.phh.com <http://www.phh.com/> .    

1 Inside Mortgage Finance, Copyright 2010