Operational leasing companies post 12 pct of new car registries in Q1 2016

Newsroom 17/05/2016 | 13:34

During the first quarter of the year operating leasing companies have registered 2,600 vehicles, representing 12 percent of total registrations (20,000 passenger cars and light commercial vehicles), according to data released by the Association of Operating Leasing Companies (ASLO).

This has brought the market to a total of 56,000 units in administration, a 13 percent rise year on year. This makes ASLO representatives stay positive about the forecasts placing the market at 60,000 units at the end of 2016.

We see a mature operational leasing market in the sense of continuing growth in both volumes under management and in the share of the complete product (full service) in total market,” said Bogdan Apahidean, ASLO president.

Association members represent 98 percent of the total market. The portfolio structure consists of full operational leasing service (finance and fleet management) with a share of 72 percent, followed by 20 percent fleet management, and the rest is represented by operational leasing without management services.

Natalia Martian

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue