THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Arval

New Arval CEO to Focus on Mobility

Arval has named Alain Van Groenendael as its new chairman and CEO effective Jan. 1, where he will focus on changes in mobility and other industry challenges.

Arval's Brazilian Lease Portfolio Grows 14%

Brazil is the second fastest growing vehicle leasing market for Arval, according to financial data released by the company. Arval Brasil has experienced double-digit growth in its vehicle leasing portfolio, growing by 14%.

Romania's Operating Leasing Market Tops 53,000 Units

Romania's operating leasing market has risen above 53,600 units under management at the end of the third quarter of 2015, up 14 percent compared to the same period of 2014 and 9 percent from the beginning of the year.

GE Completes Sale of European Fleet Unit to Arval

GE has announced that it has completed the previously announced sale of its European fleet services business, representing aggregate ending net investment (ENI) of approximately $2.8 billion, to Arval, a fully owned subsidiary of BNP Paribas.