This was one of the conclusions of a recent workshop hosted by the BVRLA and consultants PwC, which included representatives from across government, the fleet sector, research organisations and vehicle manufacturers.

The event was organised to spread awareness of the size and scope of the fleet leasing market, assess the impact of the Government’s tax regime and explore ways in which policymakers and industry can work together more productively.

‘Although we had a broad range of stakeholders present, there was widespread agreement on some key issues,’ said BVRLA chief executive Gerry Keaney. ‘We all want road transport to be affordable and sustainable, and believe that there should be incentives to use lower-emitting vehicles, but we recognise that the Government needs to protect its tax revenues.’

The BVRLA added that with a fleet of around 2.8 million cars, vans and trucks and an informed customer base making rational business decisions, the vehicle rental and leasing sector represents a powerful ally in delivering the government’s transport and emissions targets.

‘Our sector buys around 50% of all new vehicles registered each year, and if we can work more closely with government, I think we can achieve all these goals,’ concluded Mr Keaney.