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12 Feb 2020  |  North America

Light Vehicle Leasing Market in Mexico, Forecast to 2023

Though new registrations in fleet leasing fell in 2018, increasing comsumer awareness and expected recovery in macroeconomics starting 2020 will drive growth

The Mexican vehicle leasing industry is experiencing challenges due to a variety of factors including macroeconomic factors including tight public investments, trade tensions with the US and global economic slowdown. However, the change in government after the 2018 general elections, is expected to open fresh opportunities in the market. While outr...

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12 Feb 2020  |  North America

Light Vehicle Leasing Market in 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

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 have driven demand for new vehicles and fleet renewals. Financial leasing is the dominant leasing solution in the US. This is at...

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12 Feb 2020  |  Europe

Light Vehicle Leasing Market in Ireland, Forecast to 2023

As growth in all forms of leasing saturate, market participants hope for favorable fiscal policies to revive growth in fleet sales in Ireland

The Irish vehicle leasing industry is experiencing headwinds amid 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 retail sa...

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17 Jan 2020  |  South Asia, Middle East & North Africa

Light Vehicle Leasing Market in India, Forecast to 2023

Though Only 0.6% of Vehicles were Leased in 2018, Growth of the Fleet Leasing Market will be Driven by Rising Awareness of the Benefits of Leasing

Fleet leasing is still an emerging market in India. The implementation of the Goods and Services Tax (GST) created uncertainty in the fleet leasing market dented growth rates through H2 of 2017 and 2018. Leasing companies are expected to educate their customers on the implications of GST and revive growth in 2019. Financial leasing is expected to g...

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05 Dec 2019  |  Asia Pacific

Strategic Analysis of Two-wheeler Motorcycle Market in China, 2018–2025

Two-wheeler Motorcycles with Low Engine Displacement are Expected to Enhance their Dominance by 2025

In 2018, China produced about 14 million units of two-wheeler motorcycles. Among them, domestic sales accounted for 47.6% and 52.4% of sales was contributed by export activities. This is a mature market. The country is experiencing market decline for two-wheeler motorcycles due to government regulations, such as driving restrictions in designated a...

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04 Dec 2019  |  Asia Pacific

Assessment of the Electric Vehicle (EV) Landscape in Thailand, 2018–2025

The Market is Driven by Government Efforts to Make EV Viable by Promoting Local Manufacturing Through Incentives and Privileges

In 2018, the penetration of electric vehicles, including Plug-In Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) in the total auto sales in Thailand was less than 1%. For instance, there were only 57 units of BEVs and 8,745 units of PHEVs were sold. PHEVs in the Thai market are premium vehicles and there are no mass-market models av...

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15 Nov 2019  |  South Asia, Middle East & North Africa

Indian Passenger Vehicles Market, Forecast to FY2024

Driven by Growing Domestic Consumption and Supported by Favorable Government Policies, the Market is Expected to Cross 4.7 Million Units in FY2024

Domestic sales in the Indian passenger vehicles (PV) market grew from 3.2 million units in FY2018 to 3.3 million units in FY2019. The study estimates the market size of the Indian PV market, as well as segment forecasts up to FY2024, with due consideration for the various factors driving and restraining its growth. The segmental shifts in the PV ma...

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19 Nov 2019  |  Asia Pacific

Car Sharing Market in China, Forecast to 2025

The Market is Shifting from Traditional to Modern Travel, with the Penetration Enabled by Mobile Internet and Electric Powertrain Solutions

The car sharing market in China has approximately 30 active operators. These companies are operated by automotive original equipment manufacturers (OEMs), transportation companies and start-ups. The top 5 operators—EVCard (by SAIC Motor Co., Ltd.), Weigongjiao (by Geely), GoFun (by Beijing Shouqi Group Co., Ltd.), MoreFun (by BAIC Mobility Co., L...

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26 Sep 2019  |  Asia Pacific

Strategic Analysis of China’s Electric Passenger Vehicle Market, 2018–2025

New Energy Vehicles (NEVs) and Government Regulations to Rapidly Boost Chinese EV Market

In 2018, Chinese electric passenger vehicle sales increased by 78.3% year-on-year and achieved total sales of 1,181,920 units. Going forward, the electric passenger vehicle market is forecasted to experience rapid growth at a compound annual growth rate (CAGR) of 29.9% during 2018–2025. China’s electric passenger vehicle market is greatly boos...

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