UK true fleet market only exemption to EU-5 growth trend
The UK true fleet sector was singled out within the EU-5 for being the only market to see a downturn in 2017, according to latest figures from Dataforce.
Although all markets suffered disruption from political issues or ‘Dieselgate’, the UK was the only one to contract, with true fleet registrations down 5.8%. This compares to growth of 12.5% in Spain, 7.2% in France, 6.2% in Italy and 2.1% in Germany – with overall growth of 1.6%.
Dataforce attributed the UK downturn to the new VED regime as well as Brexit. Meanwhile ‘diesel demonisation’ would have been a further issue – Dataforce analysis shows that although slightly more than the half of fleet cars came with a diesel engine, hybrid registrations grew by 30.1%.
Within the manufacturer top 10, half improved their results, of which two recorded double-digit rates, while the other half saw losses. Ford weathered the storm better than Vauxhall and secured the top spot while VW in third place gained back some ground (+7.6%) and could challenge Vauxhall’s second rank in 2018, according to Dataforce.
Mercedes came in fourth, with fleet registrations up by 5.6%, driven by the older A-Class and its derivatives as well as the GLC and the new E-Class. Nissan, Audi and BMW each retained their positions but Hyundai secured a 21.5% rise, not only from the usual SUV growth but also from the Ioniq, putting it in eighth.
Meanwhile Toyota’s true fleet registrations were up by 16.0, fuelled almost completely by the C-HR with four out of five fleet customers opting for the hybrid powertrain, while the latest entry to the top 10 was Kia, which expanded its 2017 fleet sales by 6.5%.
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