INTERCITY

Intercity is a fleet management (operational fleet leasing) company in Turkey, which has a leading share of the market. The company leases all classes of passenger vehicles and LCV (regardless of brand or model) to corporate clients with 1-4 years contracts and provides comprehensive nationwide service; including periodic maintenance, repairs, insurance, replacement cars, and 7/24 roadside assistance. Intercity has more than 30.000 vehicles in its fleet and employs more than 500 people in its gr... oup companies. Intercity's asset size and revenue are over 500 million Euro and 300 million Euro, respectively. Having moved its head office to Istanbul Park Formula1TM racetrack, which has been leased for 11 years in November 2012, Intercity has offices in İstanbul-Dudullu, İzmir, Ankara, Adana, Samsun, Bursa, Antalya, as well. Intercity operates an integrated business model that self-manages almost all aspects of the value chain. It purchases cars directly from manufactures using its scale to obtain large discounts, negotiates contracts directly with clients, provides a majority of the maintenance/repair service in-house, and sells its used cars directly to a nationwide sales channel of over 500 dealers and its own showrooms across the country. The business model is supported by a fully integrated Oracle-based IT system, combined with a data mining and reporting interface, allowing the management to monitor the daily operations in detail. The IT infrastructure provides a strong basis for scaling. Intercity conducts a comprehensive credit evaluation on all clients, resulting in a portfolio of high-quality receivables and a sustainable low NPL ratio. Please visit http://www.intercityrentacar.com for more information.More