The vehicle rental and leasing industry is feeling positive and ready to embrace the market opportunities it sees in the months ahead, according to the BVRLA, which today unveiled its 2018 Industry Outlook Report.
Despite an increasingly hostile tax regime, and uncertainty surrounding Brexit, diesel vehicles, terrorism and the regulatory environment, BVRLA members are upbeat about their prospects for 2018.
BVRLA Chief Executive, Gerry Keaney said: “Our industry sees an opportunity to place itself at the centre of an increasingly fast-moving world of new automotive technology and mobility services.
“This week the Government published an Industrial Strategy outlining its ambition to see the UK become the world’s most innovative nation by 2030. Our industry will help deliver this by embracing new technologies, not only relating to vehicle design and build, but also the way we interact with customers, operate fleets and use data.
“Next year will bring a lot of change and as an increasing number of customers move from vehicle ownership to usership, our members will be ready to meet their needs; providing the expertise to guide customers and businesses to the right transport solution, considering affordability, sustainability and cost-effectiveness.
“BVRLA members know their customers, understand their products and are experts in combining the two in the safest, most sustainable and cost-effective way. This is why they are now collectively responsible for almost five million vehicles– that’s 1-in-8 cars, 1-in-5 vans and 1-in-5 trucks licensed on UK roads.
The BVRLA unveiled its 2018 Industry Outlook Report at the association’s annual industry conference, held today at Nottingham’s East Midlands Conference Centre. The report provides a collective industry view on eight key subject areas: