Lessor News
French car lessor Arval unveils growth drive
When companies stop purchasing cars for their executives, lessors begin to smile.
That's because business expansion opportunity beckons car-leasing companies as corporates cut costs during a slowdown. Which is why Arval, a French car-leasing firm, is shifting gear.
It will invest Rs 400 crore in the next three years to add 6,250 cars to its current fleet of 500.
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