Leasedrive Velo has produced a white paper entitled 'A vision of fleet management in 2015. Predictions on how the fleet industry could look in the future.'

Among its predictions are a reduction in the dominance of wholelife costs as issues such as risk management, the environment and alternative forms of funding like salary sacrifice and ECO schemes become more important, and a growing prefessionalism of fleet management combined with greater outsourcing of non-core functions.

Leasedrive Velo also predicts more flexible contracts starting at 18 months and offering an optout option on a rising monthly basis up to 48 months. Ultimately, it adds, contract hire lengths will be determined by a combination of whole life costs, environmental considerations and legislation.

Commercial director Roddy Graham said: "Forecasting what will happen in a year's time in our industry is difficult enough, trying to forecast what will happen in five years time is tougher still.

“However, organisations can only improve their own performance if they are prepared to anticipate developments in order to be best positioned to meet future market requirements. That applies equally to the fleet industry as it does to the vehicle manufacturers themselves."

The 21-page white paper looks at the fleet management industry, the major issues it faces; potential new products and services, the impact of climate change, future CO2 emissions-based taxation levels, future vehicles, future vehicle technology, and the overall future outlook.

Click here to download Leasedrive Velo White Paper - A Vision of Fleet Management in 2015.