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SG Fleet to acquire LeasePlan Australia and New Zealand

SG Fleet says it intends to acquire the Australian and New Zealand businesses of LeasePlan.  It says the acquisition will create a $2.5 billion company providing fleet management and leasing across Australia and New Zealand, with more than 250,000 vehicles under management.  As well as Australia and New Zealand, SG Fleet also has operations in the United Kingdom and a sister Super Group company, Fleet Africa, operates in South Africa and Lesotho.   LeasePlan offers fleet management and leasing services in Australia and New Zealand to a well-diversified customer base according to SG Fleet.

Australia is joining the CUPRA Tribe in 2022

The Volkswagen Group will launch its CUPRA brand in the Australian market in 2022 as announced by the brand’s president Wayne Griffiths during an annual press conference. Griffiths says it is a key move towards CUPRA expanding in the Asia-Pacific region.