News of February
With the aim of boosting their commercial and financial performance in the French corporate fleet market, Renault and Diac Location have set up Renault Parc Entreprises, a GIE, to pool the expertise of their sales teams, while maintaining the existing legal entities. The new organizational structure, which puts the customer at the core of a simplified commercial process, will enable Renault and Diac Location to increase market share.
The growing corporate fleet market is undergoing considerable change in terms of demand, with the expansion of service offerings and the success of long-term leasing. In the current context, Renault Parc Entreprises is a unique dedicated structure offering fleet clients an all-in-one solution for their fleet needs.
The operations of Renault Parc Entreprises cover all segments of the corporate fleet market: microfleets (under 5 vehicles), small/medium fleets (5 to 100 vehicles), and large/very large fleets (over 100 vehicles). The new structure is intended to reduce the number of contacts for the customer, optimize the use of Renault and Diac Location commercial resources and develop a range of products, financing packages and services tailored to market needs, with the creation of a corporate fleet marketing structure responsible for all the commercial resources used for corporate contracts.
Renault Parc Entreprises will grow revenues while ensuring profitability. In terms of new vehicle market share, Renault is aiming to substantially increase its market share on the microfleet and small/medium fleet segments to around 30% by 2003. As for financing, the GIE plans to achieve an increase of around 30% in the annual volume of long-term leasing contracts by 2003.
 Diac Location/Overlease is number one in the long-term leasing and fleet businesses, with over 150,000 vehicles under management.
 Economic Interest Group Diac Location/Overlease is number one in the long-term leasing and fleet businesses, with over 150,000 vehicles under management.
(Feb. 15, 2001)