JV seeks fleet growth
ARVAL Jiutong Co, a joint venture between Arval and Shanghai Bashi Car Rental Service, expects to expand its fleet to 10,000 vehicles in China by 2020, a surge of 132 percent from 4,300 vehicles covering 53 cities now. “We are planning to further expand our business to cities like Ningbo, Wuhan and Wuxi in the coming years,” said Tero Tapala, general manager of Arval Jiutong.
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