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FLEET IN 2013: Experts give their views
Date: 16 April 2013
John Lewis, chief executive, BVRLA
Sum up last year
It was a year that saw a continued strengthening in residual values, an improvement in the supply and cost of funding, and small but steady growth in business volumes.
What was your biggest worry going into it and were you right to worry about it?
We had two main worries: funding and insurance. Any concerns we had over the industry finding a long-term, sustainable supply of funding were allayed. Unfortunately, the high cost of insurance, particularly for the rental industry, continues to be a major concern, although there are signs the problem has peaked.
What one piece of advice would you give business car operators?
Continue to keep a tight focus on cost, but don't lose sight of road safety.
