CaixaBank and Arval plan to sell 200,000 vehicles in five years.

BarcelonaCaixaBank, through CaixaBank Payments & Consumer, the subsidiary specializing in consumer finance and payment methods, and Arval, a global leader in leasing and mobility solutions, have renewed their alliance as partners in the vehicle leasing and mobility solutions business in Spain for another five years. Their goal is to sell 200,000 vehicles in five years. The two entities will continue working together until 2030.

Jordi Nicolau, Director of Payments & Consumer at CaixaBank, and Alain van Groenendael, CEO of Arval, have signed the renewal of an alliance that has resulted in the sale of nearly 180,000 vehicles in the Spanish market over the last fifteen years. Nicolau emphasized that the agreement seeks to offer its customers, whether individuals or businesses, "a wide range of mobility solutions that are accessible and sustainable."

For his part, Alain van Groenendael states that the agreement "is a global example of how two companies can combine strengths to develop better solutions and products for users."

The main objective of the new agreement between 2025 and 2030 is to innovate in financial products and develop new solutions and offers that allow citizens to access more sustainable mobility through an excellent customer experience. Through this plan, it is expected to reach 200,000 vehicles financed in this period "to support the transformation of mobility in Spain and the renewal of the fleet with safer and more sustainable vehicles that contribute to reducing CO2 emissions and improving air quality in cities."