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The leasing sector has reported improved relationships with its OEM partners, as emerging brands begin to challenge established manufacturers across multiple aspects. That is according to the association’s latest Member OEM Relationship survey, now in its second year.

Vehicle leasing firms are seeing customer caution seeping into boardrooms, with challenging economic conditions causing many to delay the decision to acquire new vehicles. That is according to the BVRLA’s latest Leasing Outlook Report, which shows widening gaps between Business Contract Hire (BCH, up 7.5% yoy) and Personal Contract Hire (PCH, down 3.6% yoy), as well as between cars (up 9.6% yoy) and vans (down 10% yoy).

The leasing sector held its ground in 2024 in the face of changeable consumer confidence, growing a modest 0.65% year on year. Budgetary constraints and economic uncertainty took hold of some segments, causing demand to go in different directions between personal and business contracts, with a similar divergence between vans (volume down 10.96%) and cars (up 4.9%). 

The vehicle rental and leasing sector is seeing its optimism and enthusiasm for 2025 shackled by tax rises on top of regulatory and ZEV Mandate uncertainty. That is according to the BVRLA’s latest Industry Outlook Report, which shows that members are expecting somewhat of a ‘Jekyll and Hyde’ year in 2025. 

Members have until this Friday to participate in the BVRLA’s Industry Outlook Survey.

As 2024 draws to a close and the industry faces a myriad of challenges, critical decisions, and opportunities, the BVRLA’s 2025 Industry Outlook Report aims to capture the collective wisdom of senior executives from across the diverse membership.

Government decarbonisation targets are at risk unless it acts now to strengthen demand for used electric vehicles, warns the BVRLA.

The potholes in the Road to Zero are beginning to curtail the UK’s journey to zero-emission road transport. While certain sectors remain unable to accelerate adoption, those bearing the weight of the transition up to now are creaking under the strain. The assessment comes out of the BVRLA’s annual Road to Zero Report, which explores decarbonisation progress across vehicle supply, demand and infrastructure.

Vehicle rental makes an essential contribution to UK society, the economy and the move to more sustainable mobility, according to a new report from the BVRLA.

The results of the inaugural OEM Relationship Survey have been published, reflecting feedback from twenty-six leasing members representing a combined fleet of more than one million cars. BMW led the way, topping more categories than any other manufacturer.

BMW has taken the most plaudits in the new BVRLA OEM Relationship Survey, which contains the feedback of leasing companies with a combined fleet of more than one million cars.