Euro-leasing strengthens and invests

Euro-Leasing, a German specialist in truck renting, has announced that it is strengthening its market position with a second premium brand, following the taking of a majority stake by MAN Rental in Euro-Leasing (50,1 % since December 2009). The company is also planning to invest in new equipment in 2010 and to extend the average vehicle age (2.8 to 3.5 years). Euro-leasing also wishes to attack the Scandinavian markets in 2011-2012.