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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...

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...

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...

06 Oct 2021  |  South Asia, Middle East & North Africa  |  Market Research

Indian Light Vehicle Leasing Growth Opportunities

The Company Car Market, Which was Impacted by the Economic Slowdown and the COVID-19 Pandemic in 2019, Recovered Marginally in 2020

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Vehicle leasing is seen as a solution to the growing number of challenges faced by companies in terms of their mobility needs. These include challenges associated with vehicle funding, fleet maintenance, and, more importantly, residual risk handling. Businesses are focused on their core products/services and seek to outsource support activities. Mo...

14 Feb 2020  |  Europe  |  Market Research

Light Vehicle Leasing Market in Ireland, Forecast to 2023

As All Leasing Options Saturate, Market Participants Hope for Favorable Fiscal Policies to Revive Growth in Fleet Sales in Ireland

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The Irish vehicle leasing industry is experiencing headwinds amid the uncertainties associated with Brexit. Consumers are changing their preferences in acquiring new vehicles as a result of falling residual values of old vehicles. This trend has curtailed vehicle trading; however, the effect on fleet registration is different when compared to retai...

This study analyzes the demand and key market factors impacting the trends within the used car market in Thailand from 2015 to 2020. The market overview highlights the market structure of the used car market. It also reviews the key participants in the market including their business performance, business operations, and buying and sales channels. ...