Arval targets non-company car drivers under growth plans
Arval plans to significantly grow its international business by targeting non-company car drivers within its clients’ organisations.
Last year the business saw significant growth across its operations with its global fleet increasing 7.4% to 1,103,835 units.
It’s now targeting further growth to 1.3 million units by the end of 2020 as it also repositions itself as a ‘mobility solutions company’.
This comes on the back of a raft of new products and services due to be rolled out in phases to fleets across 29 markets and aimed at employees of existing and future customers who do not qualify for company cars.
Arval, which employs 6,500 staff, will also be offering the services to its workforce alongside employees of parent firm, BNP Paribas.
Arval has also announced a new electric vehicle partnership with Renault, Nissan and charging point provider NewMotion with a service to provide work and home charging points.
Arval’s new product initiative covers five areas:
- Arval For Me provides non-company car drivers with access to Arval’s established network covering repair and maintenance, relief cars, pick-up and drop off. Initially launched in Italy, Spain, UK and France, Arval plans to make it available in all markets across the world.
- Arval Car Sharing is an alternative pool car service, for business and private usage, providing employees with access to a car for a pre-reserved period of time. Initially trialled in Italy it will be progressively rolled out across Europe.
- Arval For Employee is designed for staff employed by Arval’s clients and covers salary exchange, car leasing, leaver offers as well as Arval Car Sharing and Arval For Me. Tailored on a country basis, it debuts in France, UK, Spain, Italy, Germany, Belgium and the Netherlands.
- My Arval is a full digital suite with a web portal for fleet managers and an app for drivers. The service is already available in 23 countries and will be rolled out to all 29.
- Electric Vehicle is an extension of Arval’s existing leasing options on EVs based on a new partnership with Renault, Nissan and NewMotion. New features include domestic charging point installation, card payments and reimbursement for domestic charges. It will be launched in France, followed by the UK, Belgium, Norway and the Netherlands with a further nine countries going live in Q2 2018.