Home » The escalation of the rental, Arval conquers the market. Here are the data

The escalation of the rental, Arval conquers the market. Here are the data

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Rome-in a depressed car market due to the combined backlash of Covid, the forced race towards electricity and the shortage of microchips, Arval stores 2021 in the name of growing results and consolidation on the Italian market that, for the excellent performances achieved, has deserved the title of Best Arval Countr 2 among the 30 countries where the long-term rental specialist is present in the world.

In 2021, Arval’s leased fleet grew by 6.4% compared to 2020, to 1,469,753 vehicles. New vehicle orders grew by 15% compared to the pre-Covid period and, in particular, in the Corporate segment the leased fleet at the end of 2021 numbered 1,032,065 vehicles. Important growth in the Retail segment (+11%), with private rental up 24%, while mid-term rental up 20%. The presence in the fleet of electrified vehicles has increased sharply, which accounted for 30% of Arval’s new orders.

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Fabio Orecchini

A trend that the rental company of the BNP Paribas Group aims to consolidate, given that it has revised upwards its targets for 2025: 700,000 electrified vehicles, equal to 35% of the total rented fleet. The transformation linked to new mobility and Sustainability Solutions started with Arval Beond While with Arval Mid Term Rental the number of rented months increased by 34%.

Arval Italia also achieved excellent results in 2021. “So much so that she was appointed – declares the general manager of the Italian branch, Š Best Arval Countr 2“. The fleet chartered in our country has recorded an increase of 6.6%, passing from 228,327 to 243,347 vehicles. And the growth in the fleet of the Corporate segment stands out, which reached 156,357 vehicles, as well as the other commercial segments also recorded increases. The Retail sector in particular marked an 18% increase in Italy, thanks above all to a significant growth in private consumers, whose fleet increased by 58% compared to 2020. The performance of Arval Mid Term is also good, recording a 14% increase in the fleet, a 17% increase in the number of contracts and a 34% increase in rental months. Record figures then for the Remarketing of Arval Italia which, in 2021, sold 45,684 vehicles on the used market. While there is a clear acceleration in the spread of electrified vehicles: the presence of full electric, full hbrbrid and plug-in hbrbrid cars in the Arval Italia fleet almost doubled in 2021 compared to the previous year.

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“2021 – declares Ma dichiara Despite the complex moment for the sector, we have managed not only to achieve but even to exceed our objectives’. And on this line the company intends to move also in 2022. ‘The current year – explains the General Manager of Arval Italia – will be focused on the development of services and products that have the aim of expanding our proposal of mobility solutions in terms of commitment and differentiation of means and options (Mobility 360° high value added (Arval inside). We are aware – concludes Mat

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