Latest BVRLA membership data shows that its combined member fleet rose to over five million for the first time during 2018, up 4% on the previous year.
Membership grew across all categories including rental, leasing, brokers and associates with over 980 organisations now signed up, an increase of 6%.
Cars remain the dominant vehicle type on the BVRLA member fleet, having now risen to over 4 million. The number of vans and trucks continues to grow, with both the LCV and HGV fleet sizes increasing significantly, up 4% and 10% respectively.
In line with the increase in the number of rental members, the BVRLA rental sector grew by over 4,000 units, with most growth coming through rental cars and LCVs.
Personal contracts saw the highest level of growth at 14%, accounting for nearly 1.9 million vehicles. The number of personal contracts taken out on LCVs grew, increasing by over 10,000 vehicles, up 5% year-on-year.
The number of business contract hire vehicles increased by 5% year-on-year, but all other areas of corporate leasing fell, with the fleet size down 1% on 2018.
