We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time
The start point for the best source of fleet information |
Returning to the top of the table, Lex Autolease and Leaseplan are going about their business in different ways. The former reported significant reductions of 26,915 vehicles in 2011 and 11,978 this year - part of what managing director Rick Francis last year described as a deliberate downsizing policy to "exit non-profitable business".
Second-place giant Leaseplan has, however, enjoyed modest but nonetheless commendable growth, adding 3915 vehicles to its portfolio this year. Ancillary sales and strategic marketing director Stuart Walker told BusinessCar that this was down to offering significant savings and showing clients how they had been achieved, surmising: "The actual rental part of running a fleet is now becoming a small part of the pie, as cost saving is becoming the key area."
BusinessCar's figures show that the overall leasing market is up by 6.5% in terms of volume, but the outlook for 2013 is more consolidation among leasing companies and a trading environment dominated by fears about the Eurozone, as Schooling suggests: "Looking to the market as a whole, we expect to see further consolidation, especially among some of the medium-size players where affordable liquidity is still a challenge. The economic decisions made by European governments over the coming months are likely to trickle down and impact the fleet management sector and the eventual fallout could be significant."
Arval's managing director, Bart Beckers, remains cautious about the year to come, claiming that leasing firms will need to be flexible with their methods of business in order to stay afloat: "Managing vehicle fleets in a volatile market environment with further regulation changes to come will stretch the business model for operational leasing providers, and the companies that respond effectively to this will remain at the fore.
"Businesses of all sizes have come under increasing cost pressure in 2012. They are tasked with delivering an effective vehicle fleet at the same time as driving operational efficiency."
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
