UK true fleet sector remains in a slump
New car registrations in September saw the continued downturn of the true fleet market in the UK, with a growing YtD loss.
Pressures continued on the UK’s true fleet sector in September, reports Dataforce.
Following the publication of SMMT data for the month that shows the overall market fell 9.3%, latest figures from Dataforce reveal the true fleet sector fell 9.6% year on year and 4.3% for the first nine months of the year.
Last month also saw some significant changes inside the top 10 ranking for true fleet sales. Volkswagen’s volume increased by 22.6%, helping the brand to take the lead from Vauxhall, who had previously held the top position for the March and September figures since September 2014. Mercedes ranked third, achieving a growth of 3.1% – its market share of 10.0% is in fact the highest ever for the German brand, with the A Class, GLC and GLA performing remarkably well.
Ford took the fourth place followed by Audi, Nissan, BMW and Hyundai, which achieved growth of 23.5%, mainly fuelled by the Tucson, the i10 and the all new Ioniq.
Toyota and Kia completed the top 10 but Dataforce also noted the performances of Seat (ranked #12), which increased its fleet volume by 55.6% compared to September 2016, and Suzuki in 19th position, which more than doubled its figures (139.1%) and achieved an all-time high in terms of market share in the UK true fleet market.For more of the latest industry news, click here.
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.
