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17 Feb 2020  |  North America  |  Market Research
Light Vehicle Leasing Market in Canada, Forecast to 2023
Company Car Leasing is Expected to Register a Stable Growth Over the Forecast Period as Corporate Firms Continue to Renew Fleets to Support Growing Business
Company cars are usually provided as tool-of-work vehicles in Canada. Growth in company cars was spurred by the growing demand for fleet vehicles from the industrial sector, which received a fillip from Canada's strong overall economic performance. Leasing, covering operational leasing and financial leasing, is the major sourcing channel in Canada....
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19 Feb 2020  |  Latin America  |  Market Research
Light Vehicle Leasing Market in Brazil, Forecast to 2023
Expected Economic Recovery and Increasing Popularity of Fleet Outsourcing Among Brazilian Companies to Drive Operational Leasing
The Brazil automotive industry continues to grow—following a recovery in 2017—after years of declining vehicle registrations due to the region’s economic and political turmoil. The operational leasing or long-term rental segment has grown over the last four years in Brazil by addressing the mobility needs of corporates; it is now dominating the com...
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05 Feb 2020  |  North America  |  Market Research
Light Vehicle Leasing Market in Mexico, Forecast to 2023
Despite the Decreasing Volumes of New Fleet Leasing, Increasing Consumer Awareness and Expected Recovery in Macro-economics will Drive Growth from 2020
The Mexican vehicle leasing industry is experiencing challenges due to a variety of reasons including macro-economic factors, such as tight public investments, trade tensions with the United States, and the global economic slowdown. However, the change in the government after the 2018 general elections is expected to open new opportunities in the m...
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05 Feb 2020  |  Asia Pacific  |  Market Research
Light Vehicle Leasing Market in Australia, Forecast to 2023
The Australian Leasing Industry was Mainly Characterised by Fleet Leasing in 2018; However, the Continuous Rise of Private Lease (Novated Lease) is Gradually Shifting Companies’ Attention to Individuals
The Australian leasing industry was mainly characterised by fleet leasing in 2018, but private lease is experiencing rapid growth as it combines the benefits of both fleet and private lease. However, consumer interest in new powertrains such as electric and hybrid vehicles is insignificant, which keeps the country a long way behind the EU and the U...
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31 Dec 2018  |  Europe  |  Market Research
Light Vehicle Leasing Market in Portugal, Forecast to 2022
Company car leasing is expected to see a stable demand in the forecast period driven by fleet renewals by corporate firms and new business from SMEs
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...
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31 Dec 2018  |  Europe  |  Market Research
Light Vehicle Leasing Market in Spain, Forecast to 2022
New business models to help operational leasing segment leverage opportunities arising from individual demand and government incentives on xEVs
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...
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04 Feb 2020  |  North America  |  Market Research
Light Vehicle Leasing Market in the United States, Forecast to 2023
The Penetration of Electric Vehicle Among Company Car Fleets is Lower Than Retail Channel, As Concerns Over Total Cost of Asset Operation Has Slowed Down Uptake
Company car registrations increased from 2013 to 2018, spurred by a strongly performing industrial sector. While utility vehicles comprise a major part of company fleets in the US, growth in various sectors of the economy has driven demand for new vehicles and fleet renewals. Financial leasing is the dominant leasing solution in the US. This is att...
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16 Jan 2018  |  Africa  |  Market Research
Fleet Vehicle Leasing Market in South Africa, Forecast to 2020
Despite the Economic Slowdown, the Leasing Industry Witnessed a Stable Growth Rate of 10.0% In 2016
Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...
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22 Apr 2019  |  Europe  |  Market Research
Light Vehicle Leasing Market in United Kingdom, Forecast to 2022
The UK Leasing Industry Which was in a Strong Position in 2016, is Now Clearly Out of Line with Most of Europe and is Expected to Face Decline in New Business for Next 2 Years Due to the Uncertainty Brought in by Brexit
Vehicle leasing is seen as a solution to the growing number of challenges faced by companies with regard to their mobility needs. Amongst others, these include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/s...
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26 Oct 2018  |  Europe  |  Market Research
Light Vehicle Leasing Market in Germany, Forecast to 2022
Flexible leasing and xEV leasing capitalize on growth opportunities in operational leasing
The German vehicle leasing industry is experiencing positive growth due to improvements in employment and wage growth, fuelled by a trade-driven economy. Company car registrations are expected to increase, recording a CAGR of 1.9% for the next five years, as employees continue to the prefer salary sacrifice model to fund their cars. As the governme...
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