The BVRLA leasing fleet has reached a six-year high, recording 2.2% year-on-year growth to approach levels last seen in Q4 2017. The association’s latest Leasing Outlook Report shows the total lease fleet nudging above 1.9m vehicles thanks to increased demand for leased vans and Business Contract Hire (BCH) cars.
BVRLA members have put growth back on the agenda for next year, predicting positive performance across virtually all market segments. The optimistic outlook ran across the association's recent Industry Outlook report and corresponding conference. Delivering exceptional customer care was frequently cited as a cornerstone of any growth ambitions.
Dangerous gaps are appearing in the UK’s journey towards zero-emission road transport, with those leading the transition leaving others lagging far behind. The call comes as the BVRLA’s annual Road to Zero Report Card highlights the decarbonisation divide between different road users.
The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivalled perspective of what is happening to the market and where it is heading.
The long-running vehicle supply challenges that have been suffocating the fleet sector are beginning to subside, according to new data from the BVRLA’s half-year Industry Outlook Survey. Unfortunately, the respite this provides is being compromised by a lack of parts and increasing SMR (service maintenance and repair) costs and delays.
The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivaled perspective of what is happening to the market and where it is heading.
The BVRLA has discovered that 40% of Local Authorities in the UK are yet to engage with the fleet sector when considering electric vehicle charging needs. The results form part of the association’s new Fleet Friendly Charging Index, which also shows that nearly two thirds (63%) of authorities are yet to publish an EV strategy.
The BVRLA's Fleet Charging Guide is to help local authorities as they try to meet the diverse charging needs of electric fleets. With the roll-out of charging infrastructure increasingly being devolved to local government, the association’s ‘Fleet Charging Guide’ - updated for 2023 - highlights some key fleet use cases and how they can best be supported on their zero-emission journey.
The BVRLA Leasing Outlook report combines the aggregated market data and insight of experts from across the sector to provide an unrivaled perspective of what is happening to the market and where it is heading.
Rising costs and increasing energy prices will join vehicle supply as the main challenges facing the rental, leasing and fleet sector in 2023, according to the BVRLA’s Industry Outlook Report. Despite the difficult business environment, BVRLA members are hopeful of sales transactions increasing as the emergence of new business models keep the sector agile.
The Competition and Markets Authority (CMA) has published an initial update on the Road Fuel Market Study, which was launched in July. The study follows on from an urgent review that had been commissioned by the government to look at whether the cut in fuel duty, announced in March 2022, had been passed on to consumers.