News Story

The BVRLA unveils its 2018 Industry Outlook at Conference

Release Date: 
04/12/2017

Over 170 members and guest speakers joined the BVRLA at the East Midlands Conference Centre last week where the association unveiled its 2018 Industry Outlook Report.

The report, which provides a collective industry view on eight key subject areas suggests that the vehicle rental and leasing industry is feeling positive and ready to embrace the market opportunities it sees in the months ahead.

Despite an increasingly hostile tax regime, and uncertainty surrounding Brexit, diesel vehicles, terrorism and the regulatory environment, BVRLA members are upbeat about their prospects for 2018.

BVRLA Chief Executive, Gerry Keaney said: “Our industry sees an opportunity to place itself at the center of an increasingly fast-moving world of new automotive technology and mobility services.

“Last week the Government published an Industrial Strategy outlining its ambition to see the UK become the world’s most innovative nation by 2030. Our industry will help deliver this by embracing new technologies, not only relating to vehicle design and build, but also the way we interact with customers, operate fleets and use data.

“Next year will bring a lot of change and as an increasing number of customers move from vehicle ownership to usership, our members will be ready to meet their needs; providing the expertise to guide customers and businesses to the right transport solution, considering affordability, sustainability and cost-effectiveness.

As well as unveiling the report’s findings, the annual industry conference provided members with the opportunity to listen to industry leaders and guest speakers as well as take part in one of a series of subject specific discussions.

You can read the BVRLA 2018 Industry Outlook Report here.

Presentations from the event can be accessed here