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Fleet industry ends the year with a positive outlook

Date: 30 November 2017

According to the BVRLA's 2018 Industry Outlook Report, the vehicle rental and leasing industry is feeling positive and ready to embrace market opportunities despite an increasingly hostile tax regime, and uncertainty surrounding Brexit, diesel vehicles, terrorism and the regulatory environment.

The BVRLA unveiled its 2018 Industry Outlook Report at the association's annual industry conference, held today at Nottingham's East Midlands Conference Centre. The report provides a collective industry view on eight key subject areas including digitisation, air quality and emissions and connected vehicles and data.

BVRLA chief executive, Gerry Keaney said: "Our industry sees an opportunity to place itself at the centre of an increasingly fast-moving world of new automotive technology and mobility services.

"This week the Government published an Industrial Strategy outlining its ambition to see the UK become the world's most innovative nation by 2030. Our industry will help deliver this by embracing new technologies, not only relating to vehicle design and build, but also the way we interact with customers, operate fleets and use data.

"Next year will bring a lot of change and as an increasing number of customers move from vehicle ownership to usership, our members will be ready to meet their needs; providing the expertise to guide customers and businesses to the right transport solution, considering affordability, sustainability and cost-effectiveness."