Netherlands true fleet sales get pre-WLTP boost
The true fleet market in the Netherlands put in a stellar performance in August, with forthcoming WLTP taxation helping to drive the increase.
Latest research from Richard Worrow at Dataforce shows the Dutch true fleet market rose by 58.2% compared to August 2017, securing its highest fleet share since December 2016. However, the firm noted that January’s switch to new WLTP taxation in January is the likely driver. Special channels were up even higher, with an increase of 86.2%, with the Dealer/Manufacturer sub-channel driving nearly all the growth. Private registrations also rose but by a more sedate 8.3%. This left the total market up by 42.2%, finishing on 41,000 registrations for August which pushed the YTD (year-to-date) growth to 15.0%.
Looking at brand performance, all but two of the brands inside the top 20 capitalised on the growing market with no less than four inside the top 10 achieving triple-digit growth rates. Volkswagen remained in the top spot and was up 115.2% followed by Renault holding onto second while Audi took the third spot, stepping up six places with a 123.2% increase.
Opel was next followed by Peugeot with only 58 registrations separating them while BMW took the sixth spot. Nissan was seventh and the highest triple-digit grower, achieving 347.3% growth, helped by both the Qashqai and Leaf. Kia was next with a 112.0% surge, followed by Škoda and Ford in the top 10.
Outside the top 10, Tesla recorded a notable 156.2% increase, with both the Model S and Model X more than doubling their volume.