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Strong business growth for Arval

Strong business growth for Arval

Monday, February 8, 2016

Arval announced its 2015 results, showing strong organic and external growth. Arval’s leased fleet has increased by 8.3%, driven by 11 countries with double digits growth, as well as by SME Solutions that now represent 17% of Arval’s global fleet.

In terms of external growth, the acquisition of GE Capital Fleet Services’ activities in Europe brings the total leased fleet up to 949,000 vehicles, with a position of number 1 in Germany and a new presence in Sweden. With the Arval Jiutong joint-venture in China, a deal in February 2016 in Brazil and joint-ventures in Chile and Peru, Arval has now a direct presence in 28 countries. 

To read the full press release, click here.

Image CC-BY-ND Flickr