LeasePlan’s Berno Kleinherenbrink says there’s a new trend that’s seeing fleets move from paying for availability to paying for use
The ability to keep staff moving on a local, regional or national level can be a challenge. Dave Moss looks at how more flexible vehicle procurement options are helping to ease the pain.
“If you can’t beat ‘em, join ‘em – or buy ‘em’”. That appears to be the approach taken by the major daily rental operators when faced with the potential threat posed by the leading car-sharing companies.
According to recent data from Frost and Sullivan’s global Automotive and Transportation practice, leasing is currently the most popular way of financing company cars in 26 European markets, with an estimated 13.3 million units on lease in 2017. Operational or full-service leasing accounts for 18.5% of fleet vehicles in use, and finance leasing another 9.9% – with the EU ‘big five’ countries alone accounting for two-thirds of the European (EU26) leasing market.
Read the full article in International Fleet World