Arval Romania has introduced a novel service, Arval Re-Lease, aimed at the local market. This innovative offering focuses on leasing pre-owned vehicles that have completed their initial operational leasing contracts. Designed to cater to corporate needs, Arval Re-Lease provides comprehensive solutions to reduce expenses related to vehicle rental, insurance, and maintenance. The program ensures cost-effective and environmentally friendly mobility options for businesses. Vehicles undergo rigorous inspection and refurbishment before being made available, ensuring high standards of performance and safety. Additionally, the service offers significant financial advantages with fixed monthly costs and a wide range of included services, making it an attractive option for companies looking to optimize their fleet budgets.
In a bid to address the growing demand for sustainable and cost-effective mobility solutions, Arval Romania has launched its latest initiative, Arval Re-Lease. This service is tailored to meet the unique requirements of Romanian businesses by offering a fresh approach to vehicle leasing. Pre-owned cars within the Re-Lease program are carefully selected and refurbished through a meticulous process conducted by Arval's network of partner service centers. Each vehicle is less than four years old and has a mileage limit of 120,000 kilometers, ensuring reliability and performance. Moreover, the streamlined delivery process guarantees that vehicles can be delivered within approximately three weeks, significantly reducing wait times for customers.
The financial benefits of Arval Re-Lease are substantial. Companies can enjoy predictable and fixed monthly rental costs, which include essential services such as maintenance, roadside assistance, insurance, and seasonal tire changes. Contract durations are flexible, ranging from 25 to 48 months, providing businesses with the flexibility they need. One of the most compelling aspects of this service is the potential cost savings—up to 20% lower compared to leasing a brand-new vehicle. This makes Arval Re-Lease not only a financially savvy choice but also an environmentally responsible one, aligning with the increasing emphasis on sustainability and cost reduction in corporate strategies.
Razvan Roaculet, Commercial Director of Arval Romania, emphasized the significance of Arval Re-Lease in the context of evolving market trends. He highlighted that this service offers a viable alternative to traditional operational leasing, providing modern, rigorously inspected vehicles at a reduced cost. With the growing importance of circularity and cost efficiency, Arval Re-Lease stands out as an excellent solution for partners. The service underscores Arval's commitment to transforming into a hub for sustainable mobility services, both globally and within Romania. By extending the operational life of vehicles, Arval Re-Lease contributes positively to environmental protection efforts and supports companies in achieving their CSR goals.
As the automotive industry continues to evolve, the introduction of Arval Re-Lease marks a significant step towards more sustainable practices. The service not only addresses the immediate needs of businesses seeking cost-effective and reliable vehicle leasing options but also promotes environmental responsibility. By offering a second operational cycle for vehicles, Arval Re-Lease reduces the carbon footprint associated with manufacturing new cars, contributing to broader environmental protection policies. This innovative approach positions Arval as a leader in sustainable mobility solutions, reinforcing its role in shaping the future of the industry.
In an era where the automotive industry is rapidly shifting towards software-defined vehicles (SDVs) and connected mobility, myTVS, a division of Ki Mobility Solutions, has emerged as a frontrunner. The company introduced groundbreaking solutions at the Bharat Mobility 2025 event, focusing on service management, diagnostics, telematics, and fleet management. Key innovations include myTVS Astra, India's first Car2Cloud platform, myTVS Hypermart, an extensive auto parts catalog, and Nesh LIVE, an advanced fleet mobility solution. These offerings aim to streamline vehicle management and enhance enterprise efficiency by integrating AI, data analytics, and real-time monitoring.
myTVS has developed a comprehensive platform that integrates multiple modular solutions into a cohesive vehicle intelligence system. By combining information clusters, infotainment systems, and diagnostic tools, this platform enables real-time monitoring and proactive issue resolution. TVS Astra, for instance, consolidates various vehicle functions into a single device, offering real-time data visualization on dashboards and mobile apps. This hardware-software integrated solution ensures compliance with OEM standards while providing advanced post-warranty diagnostics without violating manufacturer regulations.
The significance of TVS Astra cannot be overstated. Traditionally, vehicle health monitoring, diagnostics, and system updates operate as separate clusters, requiring different interfaces. TVS Astra eliminates this fragmentation by consolidating all these features into one device. Designed for both passenger cars and two-wheelers, it addresses a major gap in post-warranty vehicle management. Owners can proactively monitor vehicle health through real-time alerts and recommendations on their mobile devices. This solution is particularly relevant for the growing EV segment, where customers are increasingly interested in advanced diagnostics and vehicle health tracking. TVS Astra offers three key benefits to vehicle owners: proactive monitoring, intuitive health alerts, and integrated emergency assistance. If a vehicle issue arises, the system not only alerts the user via smartphone notifications and dashboard warnings but also provides real-time recommendations on whether to continue driving, stop the vehicle, or request emergency assistance. By supporting post-warranty vehicles in the aftermarket, TVS Astra presents a massive opportunity in the two-wheeler and passenger car segments, allowing customers to seamlessly retrofit their vehicles with cutting-edge diagnostics. The result is a smarter, safer, and more informed driving experience, empowering users with real-time insights and proactive vehicle management.
myTVS has also made significant strides in fleet management and supply chain optimization. Nesh LIVE, an advanced 24x7 fleet management solution, enhances battery management, vehicle safety, and driver behavior monitoring. It integrates ADAS to track issues like over-speeding and driver fatigue, making it applicable across various vehicle types, including heavy commercial vehicles, light commercial vehicles, two-wheelers, three-wheelers, and off-road construction equipment. This technology-agnostic platform supports both internal combustion engine (ICE) and electric vehicles (EVs), especially valuable for fleet operators managing high-demand electric two- and three-wheelers.
Furthermore, myTVS introduces a 'quick commerce' model, an industry-first approach to streamlining the automotive supply chain. This model leverages dark stores to optimize inventory and logistics and a hypermarket to ensure demand is met at the point of service, such as garages. By integrating these elements, the solution enhances parts availability, reduces downtime, and ensures seamless service delivery. Beyond fleet operators, the technology also benefits vehicle manufacturers and dealership networks by enabling proactive service planning and parts management. The system monitors key vehicle parameters, collects real-time data, and processes alerts using AI-powered cloud analytics. Insights are shared with fleet operators, service dealers, and manufacturers, helping them anticipate maintenance needs, prevent breakdowns, and optimize vehicle uptime. This end-to-end integration shifts the future of automotive maintenance and fleet management towards a data-driven, predictive, and efficiency-focused ecosystem, ensuring higher productivity and reduced operational costs for all stakeholders. With proven success across passenger vehicles, fleet operators, heavy-duty trucks, light commercial vehicles, and two-wheelers, this intelligent fleet management system is set to revolutionize how vehicles are monitored, maintained, and optimized—ensuring a safer, more efficient, and future-ready mobility ecosystem.