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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.

Arval Launches Telematics Solution in UK

Arval, a full service vehicle leasing, fleet management, and usage-based insurance provider owned by BNP Paribas, has selected Sierra Wireless device-to-cloud technology to build its new global telematics solution for its UK operations.

France's Fleet Market Conditions in 2014

Private individuals represented 59 percent of the personal car market share in 2010. Over the past three years, its level has fallen and is reflected by a specific market: the company car market, according to ALD Automotive.

India's Fleet Market Conditions in 2014

The Indian car market, which saw some encouraging growth in the first half of 2012, slowed down in the second half of the calendar-year. Sales for 2012 were 2.75 million compared to 2.51 million in 2011; however, January 2013 saw a negative growth of 3 percent over January 2012.