Fleet drives growth as retail falls again

The UK new car market returned to growth in August, but the 3.3% increase was all driven by the fleet sector. Retail registrations fell by 0.2% and business registrations by over 28%. Retail registrations have now fallen in each of the last three months.

Year-to-date registrations are still running ahead of the same period in 2015 overall, but the increase in retail registrations has now dropped to 1.0%.

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Smaller businesses expected to increase fleet numbers in 2016

Fleet operators are growing in confidence, with 43% believing that the total number of cars and vans they run will increase over the next three years. This sense of optimism is strongest among smaller businesses where 44% are predicting growth compared to 4% who predict a decrease in fleet size.

Amongst the largest fleets these figures are 42% and 17% respectively. The UK is also more optimistic that Europe overall, with 30% of European fleets forecasting that they will expand over the same time period.

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Too soon to predict a strong second quarter for sales

After the hectic pace of March it was unsurprising that we had a slight slowdown in April. Every living prospect had been dragged forwards into the first quarter and, as always, it was time for a bit of holiday and a slight realignment of the market to a level closer to natural levels.

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Have a business plan for pre-registered vehicles

After the hectic pace of March it was unsurprising that we had a slight slowdown in April. Every living prospect had been dragged forwards into the first quarter and, as always, it was time for a bit of holiday and a slight realignment of the market to a level closer to natural levels.

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Subscribe to Auto Retail Bulletin now for only £245 per year to carry on reading this article and receive a monthly print copy of Auto Retail Bulletin magazine. Remember, every new subscription comes with a 90-day money back guarantee if you're not completely satisfied.

Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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VW Group to drive an effective business case for Seat retailers

Luca de Meo, Seat’s charismatic president, who professes to be a lucky guy in the right place at the right time with the right company, has nominated an increasingly profitable European retail network as a priority during an unprecedented product offensive, including two higher margin SUVs, over the next 18 months.

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New reg figures rally but are tough days ahead?

There’s good news and some not so good news regarding April’s new car registration figures. First the good: fleet and business sector sales are up 6.1 percent and 2.8 percent respectively. The not so good? Private sales fell by a not inconsiderable 2.5 percent. The overall market gain was a not-to-be-sniffed-at 2.0 percent, though.

Fleet growth in eco-friendly cars

Fleet managers believe the proportion of eco-friendly models will increase to 42% over the next five years, which will be helped along by improvement in infrastructure and increased familiarity.

This is a key finding from Kia’s fleet markets attitudes study, looking at the fleet sector which is up 11% year-to-date, and which accounts for 53% of total volume.

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Fleet growth in eco-friendly cars

Fleet managers believe the proportion of eco-friendly models will increase to 42% over the next five years, which will be helped along by improvement in infrastructure and increased familiarity.

This is a key finding from Kia’s fleet markets attitudes study, looking at the fleet sector which is up 11% year-to-date, and which accounts for 53% of total volume.

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Subscribe to Auto Retail Bulletin now for only £245 per year to carry on reading this article and receive a monthly print copy of Auto Retail Bulletin magazine. Remember, every new subscription comes with a 90-day money back guarantee if you're not completely satisfied.

Auto Retail Bulletin presents strategic advice and analysis for senior executives and auto retail business owners. It helps you run your business successfully and takes away the information overload.

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AstraZeneca fleet drops VW company cars

While there is still no evidence in the car registrations figures that VW sales are being hit by the emissions scandal, pharmaceutical giant AstraZeneca has suspended all orders for new VW Group vehicles.

In doing so, AstraZeneca is thought to be the first significant fleet to have cancelled orders with Volkswagen, Audi, Seat and Skoda because of the emissions crisis.

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SME company car rise predicted

Car and van retailers look set to benefit from a more optimistic outlook in the company car market.

Figures from the 2014 edition of the respected Corporate Vehicle Observatory Barometer, by leasing firm Arval, show a marked increase in the likelihood that smaller businesses will grow their fleets in the next three years. The growth rate for larger businesses has eased.

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