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Fleet managers predict recovery

Date: 01 April 2010

Fleet managers are optimistic about the UK economy according to research from GE Capital's Fleet Service.

More than half (57%) of fleet managers believe that the UK economy will improve slightly by the start of 2011, while a further 4% think the economy will see a significant improvement this year. Just one in five (22%) believe that the economy will deteriorate.

The majority of fleet businesses also perceive that there will be no change to their fleet sizes, with 45% anticipating that car fleets will remain the same size, and 71% believing that the size of light commercial vehicle fleets will remain constant. However, as companies seek to reorganise in the face of the current economic upturn, it is worrying that some 30% of fleet managers are concerned that their fleets will decrease in size.