Search results for: 'device contract manufacturing'

Vehicle leasing solves several challenges associated with an organization's mobility needs, such as vehicle funding, fleet maintenance, and residual risk. To focus on their core products and services, businesses have to outsource support activities related to mobility, ranging from fleet purchasing to remarketing. Without an expert team on the job,...

The global private vehicle leasing industry is experiencing positive growth, mainly due to robust growth in the Northern and Western parts of Europe. Retail car registrations are expected to grow 2.4% in 2019, mainly driven by BRICS and APAC markets. A positive macroeconomic outlook and the government’s expansionary policies are the main driving fa...

Economies across the world are bouncing back in full force after the pandemic-induced lull. Despite a slump in the recent past, automotive sales are slowly recovering in the Americas, and fleet leasing and rental markets are on the path of recovery. Telematics adoption is on the rise as connected cars are gaining traction in the region, primarily t...

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...

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...