Alphabet grows managed fleet 3% in 2018

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Alphabet has released its global figures for 2018, showing growth in both its managed fleet and customer base.

Alphabet grew its managed fleet 3% in 2018

The mobility and fleet management giant grew its operational lease portfolio by 3% last year, reaching a total of around 700,000 cars and light commercial vehicles. Order volumes remained stable at more than 240,000 vehicles while the customer base saw a rise of 9%.

Orders of electric vehicles and plug-in hybrid electric vehicles were up by 28% in total to 14,000 vehicles, which translates to 4.8% of the market share of all EV/PHEV registrations in the 12 relevant countries, helped by the firm’s AlphaElectric service. Meanwhile the AlphaCity, corporate car sharing solution, expanded into the multi-make segment last year.

Norbert van den Eijnden, CEO of Alphabet International, said: “Mobility is continuously changing and for us, it’s essential to select the right kind of mobility for each user from a growing number of possibilities. Unique and personalised mobility packages are becoming increasingly important and, with this in mind, we are aligning the future of business mobility with our clients’ needs.”

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.