Arval saw its UK leased fleet grow 8% last year, passing the 160,000 vehicle mark for the first time.

Arval saw its UK leased fleet pass the 160,000 vehicle mark for the first time.

 Announced as the firm also reported 8.4% growth in its worldwide leased fleet last year, breaking through the 1 million vehicle threshold in November and totalling 1,028,142 units at the end of the year, the UK growth spanned all segments, from large corporates with more than 1,000 vehicles through to SMEs with just a single vehicle.

The firm reported significant business wins as well contract retentions for its corporate fleet, while SME continued to be an area of growth, driven by a combination of direct and indirect business, as broker, dealer and partnership channels all made an important contribution.

This was achieved alongside the integration of the GE Capital Fleet Services business. Throughout the year processes and products were aligned, systems migration allowed Arval to move customers and their drivers onto a single leasing platform, and all customers are now supported by Arval’s Account Team Structure.

Benoit Dilly, general manager of Arval UK, said: “2016 was another very good year for Arval in the UK, mirroring the excellent performance of the Arval Group. We were able to successfully combine the integration of the GE Fleet business with strong organic growth across all segments and pleasing customer satisfaction scores. Our ongoing focus on supporting our customers by developing our employees and providing unique and effective products and services really paid off, cementing our position as a leading player within the UK.”