Targa Telematics agree partnership with MCVR Car and Van Rental

Targa Telematics has announced a strategic partnership with MCVR Car and Van Rental operating across west London, the home counties and the northwest of England. 

Through this new collaboration, Targa Telematics will deliver tailored solutions specifically designed for the rental and leasing markets. 

By leveraging connected vehicle data, the partnership aims to provide MCVR with valuable insights to optimise rental operations and improve overall efficiency.

It will enable MCVR Car & Van Rental to monitor and manage a diverse fleet of cars and vans, spanning various makes and models, by leveraging a combination of Targa devices and OEM connectivity. 

Furthermore, it aims to reduce inefficiencies caused by vehicle unavailability. For example, MCVR can proactively create maintenance plans for each vehicle. 

Additionally, MCVR will be able to receive alerts in case of unexpected events, such as vehicle health failures.

As a result, MCVR expects to increase the vehicle usage rate and improve the profitability of the rental business over the next few months.

Mark Asaad, managing director of MCVR Car and Van Rental, said: “What impressed us most about Targa Telematics was their consultative process. 

“Their experience in the car rental and leasing sectors across Europe was evident, but they also took the time to understand our unique business needs. This allowed them to deliver solutions that added real value to our operations.”

As part of its offering for the rental and leasing market, Targa Telematics offers a stolen vehicle recovery solution. Powered by AI and machine learning algorithms, the system detects suspicious activity in real time, sending alerts to reduce the risk of theft. 

In the event this occurs, Targa Telematics’ 24/7 Control Room remotely monitors the vehicle and works with law enforcement.

Chris Horbowyj, commercial director of Targa UK, said: “Targa Telematics prides itself on tailoring our technologies to meet the specific needs of our customers. 

“In such a competitive and dynamic industry, we are dedicated to supporting our clients with innovative solutions and seamless ongoing assistance for future projects.”

With live vehicle data as a cornerstone, Targa and MCVR Car and Van Rental are exploring future developments ranging from rental process improvements to identifying new revenue streams.