'Knitted with a hot needle! The limited benefits of the EU Data Act for the automotive industry, consumers and fleet managers'
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PRESS RELEASE Allane Mobility Group publishes white paper: "Knitted with a hot needle! The limited benefits of the EU Data Act for the automotive industry, consumers and fleet managers" Pullach, 12 March 2025 – Allane Mobility Group, specialist for vehicle leasing and full-service solutions in Germany, has a published white paper that provides a critical analysis of the EU Data Act in the context of the automotive industry and fleet management. The focus is on the opportunities and challenges that this regulation brings for companies and consumers. Ömer Köksal, Spokesperson of the Management of Allane Mobility Consulting GmbH: "Our new white paper shows that the EU Data Act offers little added value for the automotive industry and fleet management. Existing regulations such as the GDPR already cover many of the Data Act's objectives. At the same time, we shed light on the challenges for companies and use this analysis to provide our customers and business partners with a sound basis of information to prepare for the regulatory changes and effectively adapt existing processes." The white paper "Knitted with a hot needle! The limited benefits of the EU Data Act for the automotive industry, consumers and fleet managers" contains a seven-page overview of the objectives and mechanisms of the EU Data Act and illustrates the challenges for fleet managers due to the complexity of personal vehicle data. The white paper shows that the majority of by data generated vehicles is considered personal data and is therefore already comprehensively protected by the General Data Protection Regulation (GDPR). At the same time, the authors warn that the obligation to release data in accordance with the EU Data Act not only considerable compliance costscauses, but could also jeopardize sensitive company secrets. In fleet management, implementing the requirements of the EU Data Act poses a particular challenge, as the consent of the drivers concerned is difficult to obtain and can also be revoked at any time. The document is available for download here. --- About Allane Mobility Group: Allane Mobility Group based in Pullach is a multi-brand provider of comprehensive mobility solutions. In its business segments Online Retail, Fleet Leasing, Captive Leasing and Fleet Management, the Company offers a wide range of services and innovative solutions that make mobility easy in every way Private and commercial customers use Allane’s online and offline platforms to lease new vehicles affordably or acquire used vehicles from a large stock. Corporate customers benefit from the cost-efficient full-service leasing of their vehicle fleet and from comprehensive fleet management expertise. Allane SE (ISIN: DE000A0DPRE6) is listed in the Prime Standard of the Frankfurt Stock Exchange. In the 2023 financial year, the Group generated consolidated revenue of around EUR 619 million. With around 92 percent, Hyundai Capital Bank Europe GmbH (HCBE), a joint venture of Santander Consumer Bank AG and Hyundai Capital Services Inc., is the largest shareholder of Allane SE.
Contact: Kirchhoff Consult End of Media Release Issuer: Allane SE Key word(s): Automobile
12.03.2025 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Allane SE |
| Dr.-Carl-v.-Linde-Str. 2 | |
| 82049 Pullach | |
| Germany | |
| Phone: | +49 (0)89 7080 81 610 |
| E-mail: | ir@allane.com |
| Internet: | http://ir.allane-mobility-group.com |
| ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
| WKN: | A0DPRE |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 2099370 |
| End of News | EQS Media |
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2099370 12.03.2025 CET/CEST
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