Search results for: 'Manufacturer-to-user demand-oriented services'

The global automotive product to service market will be driven by mobility, connected services, and value-added upgrades. New business model disruptions are expected and they will extend the automotive service revenue pool up to $ 1.3 trillion. Car companies are evolving from the business of merely manufacturing and selling cars, to providing relat...

Fleet management applies mainly to leased and owned fleets, and service portfolios can include maintenance, repairs, fuel cards, and insurance. By centralizing all processes and transactions tied to corporate fleets, fleet management companies allow their clients to be more productive and plan for growth based on hard data and actionable insights o...

31 Jan 2020  |  Asia Pacific  |  Market Research

Light Vehicle Leasing Market in South Korea, Forecast to 2023

While Favorable Policies Create a Mature Leasing Market, Rising User Demand Causes Leasing Companies to Evolve into End-to-End Mobility Providers

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Fleet registration is expected to grow, aided mainly by registrations in the company car fleet. Company cars, which are provided mainly for work purposes in South Korea, are experiencing increased demand from industries and corporate firms. Leasing, comprising operational leasing and financial leasing, is the major sourcing channel for company cars...

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...

Leasing companies are expected to capitalise on the demand for fleets amongst SMEs to drive operational leasing registrations in Finland. Finland is open to adopting alternate mobility solutions such as carsharing, ride hailing, and subscription services. Mobile-based mobility management is at the centre of attention in Finland, with companies such...

03 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Research

Light Vehicle Leasing Market in Israel, Forecast to 2023

Improved Corporate Demand and Increased Consumer Opportunities to Drive Revival of Israel’s Vehicle Leasing Market

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Company car registrations continue to be an important part of total vehicle sales in Israel. Following continuous growth from 2013 to 2017, new registrations experienced a small drop due to the overall market slowdown. In 2018, total leasing penetration dipped due to higher lease rates and the preference for used cars among small business consumers...

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...

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...

The Swedish vehicle leasing industry is experiencing positive growth due to improvements in employment, fueled by strong domestic demand and trade. Company car registrations are expected to increase in Sweden, recording a CAGR of 4.1% for the next five years, as employees continue to prefer the salary sacrifice model to fund their cars. As the gove...