Changes to the mobility requirements of major corporate customers present new challenges and opportunities for major European leasing companies, says leading global software solutions provider, Sofico.
Sofico analysis and tracking of market trends shows that corporate mobility requirements are changing for a variety of reasons. Increased regulation and higher taxation, plus the need to reduce fleet costs, is increasing the corporate focus on the total cost of mobility (TCM) rather than the total cost of ownership (TCO).
As a result, many companies are evaluating different modes of mobility and an increased use of flexible working, while considering the mobility impact of all employees rather than just calculating the cost of company cars.
“While the mobility shift certainly represents an opportunity for a leasing company to reach more customers, as all employees come into the picture not just company car drivers, it also presents a threat to their business model as new mobility providers may enter the market,” said Jan Bouckaert, Head of Business Development at Sofico. Read more