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Alphabet grows managed fleet 3% in 2018

Alphabet has released its global figures for 2018, showing growth in both its managed fleet and customer base.

The mobility and fleet management giant grew its operational lease portfolio by 3% last year, reaching a total of around 700,000 cars and light commercial vehicles. Order volumes remained stable at more than 240,000 vehicles while the customer base saw a rise of 9%.

Orders of electric vehicles and plug-in hybrid electric vehicles were up by 28% in total to 14,000 vehicles, which translates to 4.8% of the market share of all EV/PHEV registrations in the 12 relevant countries, helped by the firm’s AlphaElectric service.

Meanwhile the AlphaCity, corporate car sharing solution, expanded into the multi-make segment last year.

Norbert van den Eijnden, CEO of Alphabet International, said: “Mobility is continuously changing and for us, it’s essential to select the right kind of mobility for each user from a growing number of possibilities. Unique and personalised mobility packages are becoming increasingly important and, with this in mind, we are aligning the future of business mobility with our clients’ needs.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.