BVRLA membership grew in 2017, with an increasing number of small and medium sized organisations joining the association. The largest growth area during 2017 was the leasing broker sector, which increased 4.3% year-on-year.
As the association’s 50th year drew to a close, 931 organisations were in membership. The total combined BVRLA members’ fleet size was up 2% year-on-year, with a record fleet size of almost 5 million vehicles – that’s 1-in-8 cars, 1-in-5 vans and 1-in-5 trucks licensed on UK roads.
Cars continue to be the most dominant vehicle type on fleet, remaining stable at 3.9 million. The number of vans on fleet continues to grow, with both the LCV and HGV fleet sizes increasing significantly, up 13% and 18% respectively.
Personal contracts remained buoyant throughout 2017, accounting for over 1.6 million vehicles – that’s 34.5% of the total BVRLA fleet, in line with the same period last year. The overall picture for corporate leasing remained static at more than 2.6 million vehicles – that’s 55.8% of the total BVRLA fleet.
BVRLA Chief Executive, Gerry Keaney said: “We are delighted to report another year of membership growth at the BVRLA. This continued growth in both the size and diversity of our membership, as well as the size of fleet they operate, gives us a greater power of influence when representing our industry’s interests on a national and an international stage.”
To find out more contact BVRLA Research & Insight Manager, Phil Garthside.