PSA Group announced a new business unit i.e. Free2Move Lease as part of its bigger strategy to become a major player in mobility services. Free2Move Lease will gather all B2B leasing activities in a dedicated organization with a wider portfolio of services that includes car-sharing and connected fleet management.
With a fleet of 200,000 cars (4th largest in France), Free2Move will provide full service leasing to B2B customers of all types, from small business to large corporations, through the Peugeot, Citroën and DS brands dealer networks. The new services that are to be launched gradually includes:-
- A connected fleet management service called Free2Move Connect Fleet. It uses live, accurate vehicle data from an on-board telematics unit to help reduce the fleets’ Total Cost of Ownership (TCO).
- A car-sharing system for corporations named Free2Move Fleet Sharing. It allows simple and easy sharing of pool cars, therefore reducing employees’ travel expenses such as taxi rides.
Free2Move Lease is already operating in France, the United Kingdom and Germany, before expanding to other European countries.
Source: Group PSA