Search results for: 'leasing market forecast'

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...

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 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...

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...

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...

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

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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...

The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...

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...

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...