Operational leasing market up 24 percent in Q1, reaches 40,356 units

Newsroom 09/05/2012 | 12:13

Around 2,200 vehicles have been registered through operation leasing in Q1 2012, and the overall market has increased by 24 percent y/y in Q1, totaling 40, 356 units, according to the Association of Operational Leasing Companies (ASLO).

The market is expected to grow by at least 20 percent this year, expanding to over 44,000 units.

“The increase to 16 percent for the share of vehicles delivered through operation leasing out of the total car registrations is a confirmation that a growing number of firms have used this vehicle usage method,” says Bogdan Apahidean, ASLO president.

Top ASLO members are ALD Automotive – 16.8 percent market share and a fleet of 6,781 units; Porsche Mobility – 16.5 percent and 6,670 units; LeasePlan Romania – 16.4 percent and 6,600 units; Arval Service Lease Romania – 11.3 and 4,545 units; RCI Finantare – 7.8 percent and 3,141 units.

ALSO currently has 12 members and 4 associate companies which have voted Bogdan Apahidean as president of the association for another year.

The full service leasing (financing and fleet management) slightly decreased to 67.7 percent of the ASLO members’ portfolio in Q1. Fleet management was up to 23.8 percent, while financing services decreased to 8.5 percent against the end of 2011.

Ovidiu Posirca