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PHH Arval Global Alliance Adds Sgfleet In Australia, New Zealand

Stocks in this article: PHH

The PHH Arval Global Alliance has expanded its reach to include Australia and New Zealand with the addition of sgfleet, a major provider of fleet management, leasing and salary packaging solutions “Down Under.”

“With more than 2 million vehicles managed across nearly 40 countries, we are pleased to expand our reach further with the addition of sgfleet,” said Jeff Smith, Senior Vice President, Cornerstone and International Development for PHH Arval. “The addition of sgfleet demonstrates the Alliance’s continued commitment to meet the expansion needs of our international clients.”

“Membership in this prestigious Alliance, which has operated for 17 years, allows us to offer a global fleet solution to our multi-national clients,” said Robbie Blau, Chief Executive Officer of sgfleet. “In addition, the Alliance gives us access to world class products and strategies that complement our expansive offering to our clients.”

sgfleet’s inclusion in the PHH Arval Global Alliance was formalized at the Alliance’s Board meeting recently held in Paris at the headquarters of Arval, one of the Alliance members. Twice a year, the Alliance convenes to discuss global fleet solutions, international mobility trends, and joint initiatives such as global reporting.

About PHH Arval

PHH Arval, a subsidiary of PHH Corporation (NYSE: PHH), is a leading fleet management services provider in the United States and Canada. PHH Arval provides outsourced fleet management solutions, and nearly one-third of its top clients are Fortune 500 companies. Through consultative expertise, flexible customer service, and innovative technology, PHH Arval helps clients reduce costs and increase productivity. For more information, visit www.phharval.com, or call 800 ONLY PHH.

About sgfleet

sgfleet has been providing fleet management and leasing solutions in Australasia for over 25 years. They have more than 350 employees in offices in Sydney, Melbourne, Brisbane, Canberra, Adelaide, Perth and Hobart in Australia as well as Auckland in New Zealand. Experience and a passion for innovation have enabled sgfleet to grow its portfolio to over 75,000 vehicles. sgfleet is one of Australia’s leading specialists in fleet management, leasing and vehicle salary packaging solutions to both the government and corporate sectors.

About the PHH Arval Global Alliance

Bringing together the world’s best fleet management organizations, the PHH Arval Global Alliance includes: Arval in 23 countries on four different continents, PHH Arval in North America, and major organizations in Asia-Pacific (Sumitomo and sgfleet) and Africa (Avis Fleet Services). Together, this strategic partnership meets the fleet management needs of its client base, which operates more than 2 million vehicles in nearly 40 countries.

Copyright Business Wire 2010

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