EV leasing service to power next stage of Arval’s fleet growth

Vehicle funding and management company Arval is launching a new electric vehicle leasing service across Europe as part of its growth strategy for 2018 and beyond. The announcement comes on the back of strong fleet growth of 7.4% in 2017 that saw its fleet reach more than 1.1 million vehicles globally. The strongest growth came in France (+5%), Italy (+10%) and Spain (+15%), as well as double-digit growth in countries including Austria (+10%), Belgium (+12%), Czech Republic (+12%), Luxembourg (+22%), Poland (+19%), Russia (+12%), Turkey (+16%) and the Latin America region (+13%). Arval also expanded its global network with a launch in Norway during 2017, which leads the adoption of low-emission vehicles in Europe. Alternative fuel vehicles accounted for 52% of total car sales in Norway last year.

EV leasing service to power next stage of Arval’s fleet growth

Feb 19, 2018

Vehicle funding and management company Arval is launching a new electric vehicle leasing service across Europe as part of its growth strategy for 2018 and beyond. The announcement comes on the back of strong fleet growth of 7.4% in 2017 that saw its fleet reach more than 1.1 million vehicles globally. The strongest growth came in France (+5%), Italy (+10%) and Spain (+15%), as well as double-digit growth in countries including Austria (+10%), Belgium (+12%), Czech Republic (+12%), Luxembourg (+22%), Poland (+19%), Russia (+12%), Turkey (+16%) and the Latin America region (+13%). Arval also expanded its global network with a launch in Norway during 2017, which leads the adoption of low-emission vehicles in Europe. Alternative fuel vehicles accounted for 52% of total car sales in Norway last year.

LeasePlan considers flotation following record year

Global vehicle management and mobility company LeasePlan is investigating a stock market flotation after record results for the business. The underlying 2017 net result at the leasing giant increased 17% to €532 million ($657 million), while its serviced fleet increased 5.5% to 1.7 million vehicles. A flotation is one of several strategic options for the business, but if approved a listing on the Amsterdam stock exchange could take place as early as June. LeasePlan, which had revenues of €9.4 billion ($11.6 billion) last year, is reshaping itself as a ‘Car-as-a-Service’ provider, offering a variety of services in addition to leasing, including subscription packages that provide access to new and used cars.

LeasePlan considers flotation following record year

Feb 19, 2018

Global vehicle management and mobility company LeasePlan is investigating a stock market flotation after record results for the business. The underlying 2017 net result at the leasing giant increased 17% to €532 million ($657 million), while its serviced fleet increased 5.5% to 1.7 million vehicles. A flotation is one of several strategic options for the business, but if approved a listing on the Amsterdam stock exchange could take place as early as June. LeasePlan, which had revenues of €9.4 billion ($11.6 billion) last year, is reshaping itself as a ‘Car-as-a-Service’ provider, offering a variety of services in addition to leasing, including subscription packages that provide access to new and used cars.

European true fleet market delivers strong 2017 performance – but UK lags behind

True fleet car registrations grew in four out of five of the biggest markets in Europe last year, with the UK the only exception as sales struggled amid the ongoing uncertainties of Brexit. By contrast, true fleet sales in France, Germany, Italy and Spain reached record levels, according to figures from European fleet market data and automotive intelligence solutions provider Dataforce. Its analysis relates to end-user fleet sales, excluding rental and OEM self-registrations, for companies of all sizes, covering businesses that operate just a single vehicle through to Europe’s largest company car fleets.

European true fleet market delivers strong 2017 performance – but UK lags behind

Feb 19, 2018

True fleet car registrations grew in four out of five of the biggest markets in Europe last year, with the UK the only exception as sales struggled amid the ongoing uncertainties of Brexit. By contrast, true fleet sales in France, Germany, Italy and Spain reached record levels, according to figures from European fleet market data and automotive intelligence solutions provider Dataforce. Its analysis relates to end-user fleet sales, excluding rental and OEM self-registrations, for companies of all sizes, covering businesses that operate just a single vehicle through to Europe’s largest company car fleets.

Europe

Fleets briefed on future transport at CLM electric vehicle experience day

Feb 09, 2018

Fleet solutions provider CLM has partnered with Renault and charging solutions provider Chargemaster to brief UK fleet operators on the future of electric vehicles. The day included advice on EV management, running costs and hands-on testing of a range of Renault zero-emission vehicles. Renault brought along a number of EVs for testing, including the ZOE, Twizy and Kangoo ZE van.

Americas

New IT head for LeasePlan USA

Jan 19, 2018

LeasePlan USA has announced the appointment of Greg Buckland as chief information officer (CIO). He has responsibility for managing all aspects of the fleet management company’s information technology (IT) functions and ensuring delivery of all IT services to support the business requirements of internal users and customers.

Asia Pacific

Australian celebrations for Sofico

Nov 03, 2017

Sofico Services Australia has marked its 15th year of providing automotive finance, leasing and fleet software with a special industry forum for the country’s fleets. Executives from companies operating a total of more than 350,000 vehicles attended the event, entitled The Future of Fleet, which was held at Deckhouse, in Sydney.