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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

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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....

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...

22 Nov 2021  |  North America  |  Market Research

Mexican Light Vehicle Leasing Growth Opportunities

Flexible Leasing Plans Impact Customer Experience and Represent a Key Growth Strategy

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Vehicle leasing can be a solution to the growing number of challenges companies face concerning their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses seek to focus on their core products/services and outsource support activities. Mobility is a sig...

Research Overview This Frost & Sullivan research service analyses the fleet sales, vehicle lease products, opportunities, top players, growth drivers, restraints and challenges in the fleet vehicle leasing market in Romania. In this research, Frost & Sullivan's expert analysts thoroughly examine the following market segments:--BEGIN PROMO-- Operat...

This RS offers a detailed assessment of the Philippine auto leasing and car rental market during 2017 to 2022. This market has a very complex structure with the presence of banks, financing/leasing companies backed by OEMs as well as pure-play leasing and rental companies. Low awareness of auto leasing and the popularity of auto finance are the key...

30 Jan 2020  |  Asia Pacific  |  Market Research

Japanese Light Vehicle Leasing Market, Forecast to 2023

The Japanese Leasing Industry is Healthy and Expects Promising Growth Prospects Driven by Operational Leasing in Both the Corporate and Private Market Segments

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Fleet renewals were the major driver for new company car registrations as a strained economy caused fluctuations in total registrations over the past few years. The benefits of leasing (unlike owning) has boosted the transition from a loan purchase system to a full service operational leasing system since it has enabled corporates to focus on their...

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...

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

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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...

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

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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...