News / Press > I am not afraid of economic crisis

I am not afraid of economic crisis

April 2009

Arval Group has recorded 12% increase of managed cars number. Such satisfactory result was achieved thanks to major contribution of Arval Polska that finished last year with a more than 21% increase.

At present, group is managing 688,000 cars, including 602,000 in long-term rental, and that stands for 8.5% of whole fleet operational leasing market in Europe. Group is also very important customer of automotive market. Arval has purchased 210,000 brand new cars in 2008, and that is 17% more than in the previous year.

- In the moment, when number of fleet cars decreases, operational leasing market is still growing. Today, more than ever in the past, long-term rental is a formula that helps companies to run effectively within their core businesses - says Laurent Treca, CEO Arval.

Arval Service Lease Polska, which for a next consecutive time, also took one of the top spots in CFM market. In the end of 2008 was managing 10,033 vehicles - 21.2% more than in the previous year (8,452 - full leasing service, 785 - short time, 796 - exclusive management. At the same time, Arval Polska recorded the best ratio of full long-term rental to the total number of managed cars - 84.2%.

- Such high ratio is very important for it strengthens stability of the business. It is also worth to notify that CFM market was hit by deceased number of cars in exclusive management service (o 4.4%). On the other hand, increased number of cars leased in the long- and short-term rental (relatively by 19.7% and 46.4%). Therefore, full service leasing - our best product - was pushing strongly - emphasises Paweł Partycki, Arval Polska Sales and Marketing Director.

(ww)
01-04-2009, EuroFlota