Strategy

Arval announced today that its Austrian subsidiary has signed an agreement with UniCredit Leasing (Austria) GmbH to purchase 100% of the shares of UniCredit Leasing Fuhrparkmanagement GmbH. A long-term exclusive cooperation settlement between Arval Austria and UniCredit Bank Austria is part of the agreement, allowing Arval to offer to the Bank’s corporate customers its fleet management and mobility services.

With a new plan in place until 2025, Arval, a global leader in full service vehicle leasing and new mobility solutions, and the Spanish CaixaBank through CaixaBank Payments & Consumer, the bank’s subsidiary specialised in consumer finance and payment methods, will continue to work together on mobility innovation and the development of new products and services for their customers.

Arval Relsa opens new offices in Bogota, Colombia. The new centre, fully operational as of April 2020, will help develop full-service leasing and new mobility solutions across the country with special focus on passenger vehicles and light commercial fleets. The offices, led by Francisco Pardo, General Manager in Colombia for Arval Relsa, will be located at Urban Plaza, calle 90 #11-13, Bogota.

Arval outperformed the market in 2019 and is one of the fastest growing leasing companies in the world. 2019 generated excellent growth for the company, and intensified market shares.

Arval has been awarded the gold recognition level on the EcoVadis* Corporate Social Responsibility (CSR) platform, rating it among the top 2% best companies in the "Renting and leasing of motor vehicles” industry.

Close to its customers and to the drivers of its vehicles, Arval is a well-positioned witness of the evolution of the society in terms of mobility.

On August 28th, Arval, the global specialist in full service vehicle leasing, organized its first international EV (Electric Vehicle) Day at its headquarters.

Arval is joining the MaaS (Mobility-as-aService) Alliance. MaaS Alliance is a public-private partnership, which aims at creating the foundations for a common approach to mobility as a service.

Last year, Arval leased fleet grew by 8.2% overall, reaching 1,193,910 vehicles. The number of vehicles ordered increased by 9% year-on-year, totaling 353,302 vehicles. The number of end-of contract vehicles sold was flat versus 2017, totaling 254,207.