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Donglim Shin has been named CEO of Sixt Leasing SE, succeeding Michael Ruhl. In his new role, Shin is responsible for group strategy and corporate development, sales, marketing, operations, purchasing, remarketing and human resources. Shin started his career at Korea Long Term Credit Bank in 1995 and has held leadership positions in the banking and automotive industry, most recently as president and CEO of Hyundai Capital Canada.
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Leasys has acquired the UK company ER Capital Ltd, which operates as daily rental firm Easirent. Following the purchase, 20 Easirent rental centers will be rebranded to Leasys which, says the FCA Bank subsidiary, will give the leasing and mobility provider a major role as a 360-degree mobility player in the UK.
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Cox Automotive has announced the acquisition of the Ghent-based fleet software company FleetMaster. The Belgian company, which also has an office in Long Beach, California, is a specialist in cloud-based workflow technology for the rental, leasing and dealership sectors.
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Micromobility took a huge hit during the pandemic. Just as the trend towards the use of shared e-scooters and bicycles was starting to boom, COVID-19 stamped out these gains with an estimated 60% drop in usage. But micromobility is back on the agenda, particularly the use of e-scooters, which are set to play an important role in future fleet provision as part of fleet mobility packages - which would also include train, car rental, bus and shared cycles - in preference to the provision of a comp
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The OEM expects synergy between the companies to accelerate development of cutting-edge robotics featuring advanced mobility, manipulation, and vision capabilities.
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The launch of the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund brings the firm’s total assets under management to more than $500M.
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The program provides vehicles to several local and national organizations across the country and commits an additional $1 Million in COVID-19 relief for multicultural communities.
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