The Element-Arval alliance has expanded its presence in South America and now operates in 50 countries worldwide.
The alliance, which manages more than three million vehicles, has added new member RDA Renting, which operates in Argentina and Uruguay.
RDA Renting offers advice, purchasing, delivery, admin and resale services to vehicle fleets.
‘For more than 20 years, Element and Arval have worked together to build and continuously expand this global fleet alliance, tailoring its approach to both global and local needs of our customers,’ said Bart Beckers, Chief Commercial Officer of Arval.
‘Reaching our 50th country marks a new milestone in our growth story and further strengthens our presence in Latin America.’
The expansion was confirmed during the Alliance's recent LatAm Strategy Meeting at Element's Mexico City offices.
President of RDA Renting Arturo Simone said: ‘Our values and goals are greatly aligned, making the arrangement a perfect fit to deliver what our mutual customers will need. RDA’s long-standing goal is to provide comprehensive, comfortable and efficient service for fleet companies from the initial purchasing advice to the final resale.’
Our regular automotive industry News & Insights are no longer being published on the Autovista Group Market Reports website.
Instead, you can now find the latest updates at our central Autovista Group website, home to our pan-European brands including Autovista, Eurotax, Glass's and Schwacke.
To stay up to date with rapidly changing market trends, we recommend signing up to our free Autovista Group Daily Brief which delivers our daily news stories directly to your inbox.
You can still find our in depth market reports here on the Autovista Group Market Reports site. Keep checking back as we have an exciting new report due to be launched shortly!