ALD Automotive and its North American partner Wheels Inc have signed a partnership with Arrend Leasing in a move to extend their coverage into Central America.

Active for 23 markets, Arrend Leasing offers tailored services and is the only leasing company in Central America that offers regional coverage with a presence in Nicaragua, Honduras, El Salvador and Guatemala.

ALD Automotive says the new partnership makes it the first international car leasing company capable of meeting the needs of its customers in these four countries.

The partnership reinforces ALD’s position on the Latin American market and follows the recent opening of offices in Chile and Peru and, in June, a partnership with AutoCorp Argentina.

In a statement the two firms said the alliance between ALD Automotive and Wheels offers the best coverage available in the area of fleet management, with 1.6 million vehicles managed in 53 countries worldwide.