PRESS RELEASE

Allane Mobility Group receives certification "VMF – DIE FAIRE FAHRZEUGBEWERTUNG" and strengthens its position in the leasing market 

Pullach, 13 July 2023 – The Allane Mobility Group ("Allane"), specialist for vehicle leasing and full-service solutions in Germany, has received the certification "VMF – DIE FAIRE FAHRZEUGBEWERTUNG" ("VMF Certification"). It confirms that Allane applies the criteria for "Fair Vehicle Valuation" according to the association of brand-independent mobility and fleet management companies (“Verband markenunabhängiger Mobilitäts- und Fuhrparkmanagementgesellschaften e. V.”; “VMF”). Thus, Allane Mobility Group relies on a transparent and fair procedure in the vehicle return process. The certification was preceded by a comprehensive review of defined criteria. It applies to all Allane brands and is valid for one year. Allane plans to have the certification renewed regularly on the basis of follow-up audits.

The VMF certification not only confirms Allane Mobility Group's expertise and competence, but also its reputation as a trustworthy leasing company. At the same time, the certification strengthens the company's position in the competitive environment and opens up various new opportunities, such as participation in tenders in the fleet sector.

Donglim Shin, CEO of Allane Mobility Group: "We are very proud of the VMF certification. In line with our strategy, we can once again position ourselves in the market as a competent and customer-friendly leasing provider. In addition, the certification is a promise to our customers that they will receive fair and transparent leasing services from us."

For the certification, Allane had undergone a thorough audit by the independent DEKRA Assurance Services GmbH. As part of the audit, Allane Mobility Group's return processes were checked at various stations – including the preparation of condition reports in the presence of customers and the subsequent contract billing. The final audit report confirms the high quality and professionalism of all Allane Mobility Group's return and billing processes.

At Allane, the return of leased vehicles is carried out according to defined standards. To ensure maximum transparency and neutrality, the condition of the vehicle is assessed by a vehicle expert at the time of return. Based on the condition survey including photo documentation, this expert prepares an appraisal of the vehicle's reduced value. Damage is not calculated on the basis of the respective repair costs but only on the basis of the significantly lower reduced value, if calculated on a pro rata basis according to the assessment criteria, i.e. the amount by which the sales value of the vehicle is reduced due to the damage. At the same time, the age and mileage of the vehicle are always taken into account. Before parts are replaced, the appraiser always checks the possibility of a repair.

The VMF acts as an advisor and impulse provider for its members and premium partners in the area of OEM-independent mobility concepts for private and corporate customers. By developing and adopting uniform quality standards for the industry, the VMF ensures fair and transparent cooperation for customers of VMF members.

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About Allane Mobility Group:

Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business fields Retail Leasing, Fleet Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way.

Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise.

Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2022 financial year, the Group generated consolidated revenue of around EUR 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.

https://allane-mobility-group.com/en

Press Contact:

Kirchhoff Consult AG
[email protected]