openPR Logo
Press release

The UKs True Fleet Market continues to battle the negative slide

The UKs True Fleet Market continues to battle the negative slide

True Fleet in the UK has again been in a skirmish with declining registration numbers and while this was still a negative month it is worth noting this was lowest volume loss in a month-on-month comparison since February 2017. The Total Market finished with a little under 81,000 registrations or - 2.8%. Both True Fleet and the Private Market were in in the red with - 7.5% and - 2.1% respectively while Special Channels registered a + 4.6% thanks solely to the Dealer/Manufacturer channel. While our forecast analysts predict that April 2018 may see a plus month for True Fleet there is still a little way to go before equilibrium is achieved.

Brand Performance
Last month saw four OEMs achieve positives, this month we see five. Ford re-took the top spot after a 2 month hiatus thanks largely to the Focus, Kuga and surprisingly the Galaxy which achieved a + 238.6% in comparison to February 2017. The blue oval brand was followed by VW, Vauxhall (Opel) and Audi, with the Ingolstadt manufacturer hitting a + 20.0% exactly with the help of a 4 and two 5s, of the Q&A variety.

Mercedes, BMW, Kia and SEAT were the next four brands in order with SEAT bringing some Catalonia sunshine to a very cold UK fleet market. This manufacturer achieved the highest growth rate inside the top 10 with a + 57.5%, thanks a little to the new Arona and thanks a lot to the Leon which pulled a 3-digit growth rate.

Nissan and Peugeot rounded out the top 10 manufacturers though a noteworthy mention should go to Mitsubishi in 17th position. The three-diamond brand jumped up 5 places as the newly released Eclipse Cross starts to find a firm footing in the UK True Fleet market place.

True Fleet Vehicle Segments
Our final insight for this press release took us into the vehicle segment data. Yes SUV is still #1 and hardest hit during the SUV surge has certainly been the Middle Class segment, but with the now ever increasing new smaller SUV and crossover models entering the market, the Compact Car segment is taking its own share of hits.

Down YTD (year-to-date) by 5.1% in True Fleet, 24.9% in the Private Market and 1.7% in Special Channels, the Compact segment is certainly feeling somewhat under siege. Add this Compact Car decline to the looming WLTP deadlines and CO2 targets for OEM’s and there is likely to be some serious pressure to get electric infrastructure right from a governmental prospective. Meanwhile the manufacturers themselves need to accelerate their growth in EV/Hybrid model line-ups within the SUV segment if these targets are to be met.

(443 words; 2,554 characters)

Publication by indication of source (DATAFORCE) only

DATAFORCE – Focus on Fleets
Dataforce is the leading provider of fleet market data and automotive intelligence solutions in Europe. In addition, the company also provides detailed information on sales opportunities for the automotive industry, together with a wide portfolio of information based on primary market research and consulting services. The company is based in Frankfurt, Germany.

Richard Worrow
Dataforce Verlagsgesellschaft für Business Informationen mbH
Hamburger Allee 14
60486 Frankfurt am Main

Phone: +49 69 95930-253
Fax: +49 69 95930-333

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The UKs True Fleet Market continues to battle the negative slide here

News-ID: 981780 • Views: 304

More Releases from Dataforce Verlagsgesellschaft für Business Informationen mbH

What is the Dataforce Sales channel outlook for 2021?
Following a contraction of around 26% in 2020 things can only get better. But how fast will the recovery be and what is the outlook for the channels? Slow start, rev up We expect the first half year of 2021 to remain rather challenging. Strict Containment measures will probably need to be maintained into spring, which will weigh down economic sentiment. At the same time, early 2021 may not be the best
Generation change at Dataforce: Marc A. Odinius now sole owner and Managing Dire …
The long-standing Managing Director Marc Odinius has acquired all shares of the Dataforce Verlagsgesellschaft für Business Informationen mbH and is now Managing Director and sole owner of the Company. Mission of Dataforce As to the mission of the automotive data- and market-research company, with 87 Employees, counting 27 different nationalities who reside in Frankfurt, Rome and Beijing, Odinius stated: Dataforce is always in search of unique information which will make the automotive
UK True Fleet continues to contract, finishing Q2 without a positive month
Now with the first half of the year having gone by in a blur of negative growth we can only hope that the second half will bring some more positive momentum especially around the plate change month in September. UK True Fleet produced a - 7.2% in June which leaves the channel down 6.2% year-to-date (YTD). The Private Market was also in the red with a 4.8% which
Swiss car market turns into the red on sharp contraction in June
In June 2019 new passenger car registrations in Switzerland were down sharply on the same month last year. Nearly 28,000 registered passenger cars represent an overall market decline of 11.2%. Registrations of light commercial vehicles fell even more sharply (11.9%). Weak June causes passenger car market to fall below previous year's level Both the Private Market ( 13.9%) and the commercial market ( 8.4%) can look back on a weak

All 5 Releases

More Releases for Fleet

Automotive Fleet Market 2017 - 2025
Press Release – 17 Dec 2018 Research and Development News -- . . Latest Update "Automotive Fleet Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" with Industries Survey | Global Current Growth and Future. ' ' Companies are strategically utilizing their fleet of vehicles as a means to gain public exposure by placing logos and advertisements on each vehicle. Increasing technological advancements such as vehicle-to-vehicle connectivity, also known
Fleet Management Market Size
According to a new report Global Fleet Management Market, published by KBV research, the Global Fleet Management Market size is expected to reach $31.7 billion by 2023, rising at a market growth of 19% CAGR during the forecast period. The Asia Pacific market holds the largest market share in Global Asset Management Solution Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a
Global Smart Fleet Management Market Real-time fleet monitoring
The smart fleet management market is moderately fragmented due to the presence of well-diversified global and regional vendors. International players have competence over smaller players in terms of features and price. The competitive environment is intensified due to widening product extensions, technological innovations, and M&A. FMS providers adopt inorganic growth strategies by acquiring regional or local players. To attain competitive advantage in the car tracking device market, the players must
IoT Fleet Management Market by Fleet Type, Platform, Region - 2022
Qyresearchreports include new market research report "Global IoT Fleet Management Market Size, Status and Forecast 2022" to its huge collection of research reports. The market study on the global IoT Fleet Management market is an all-inclusive business and commerce publication, prepared by seasoned research analysts with primary objectives to analyze crucial market aspects for the IoT Fleet Management forecast timeframe. Prepared using industry-best analytical tools such as Porter’s five forces and
Fleet software comm.fleet: Effective cost control for fleet managers
Relief for fleet managers: identify the cost drivers of the company and take appropriate actions with the fleet management software comm.fleet The adoption of a multifunctional controlling system is an indispensable prerequisite for an effective and systematic management of all company fleet costs. Be it a question of planning enhancement and control, budgeting coordination or the execution and analysis of a target-performance comparison with the purpose of a perfect fleet administration,
Fleet Specialisation-Cover 4 Fleet Insurance Investigate Future Fleet Trends
Victoria, London ( openpr ) June 10, 2011 - Economically driven by the need to immerse their resources in core activities, companies will turn to fleet outsourcing options. Even in the case of fleet contract hire, there are case studies which are dramatic in the current economic environment. Take the case study of Fraikin , which was originally established in France in 1944 and is today the biggest commercial