Dec 08, 2017
The total UK business fleet leasing market for cars and vans has grown 2.5% year-on-year to 1,338,000, according to new research from the British Vehicle Rental and Leasing Association (BVRLA). Its quarterly leasing survey for Q3 2017 shows that the car portion of the business fleet leasing market (covering contract hire and finance lease only) fell 0.3% to 964,000 year-on-year, but the LCV sector had its ninth consecutive quarterly increase, up by 10.3% year-on-year to 374,000 vehicles.
Jan 09, 2018
The commercial fleet and truck leasing sectors in the US are likely to perform well in 2018, despite some broader sector obstacles, according to a report from Fitch Ratings. Fitch says its five rated lessors were demonstrating positive attributes including solid franchises and strong asset quality performance against low losses.
Nov 03, 2017
Sofico Services Australia has marked its 15th year of providing automotive finance, leasing and fleet software with a special industry forum for the country’s fleets. Executives from companies operating a total of more than 350,000 vehicles attended the event, entitled The Future of Fleet, which was held at Deckhouse, in Sydney.