Fleet Leasing

Alphabet International grows operational lease portfolio by 5.5%

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Business mobility solutions provider Alphabet International grew its operational lease profile by 5.5% in 2017 to 680,000 cars and vans.

The company last year also continued to steadily increase its order volume, which grew 4% to more than 240,000, while its customer base grew 10% to more than 86,000 last year.

Electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) also gained a lot of ground, growing by 51% in total at Alphabet compared to the previous year.

The overall EV/PHEV market increased by 36% during the same period.

In 2017, Alphabet introduced 11,000 EVs and PHEVs, which means a 5.2% market share of all EV/PHEV registrations in the 12 relevant countries.

Local subsidiaries in Spain and Belgium each broke the 50,000th vehicle mark in their respective portfolio.

Norbert van den Eijnden, CEO of Alphabet, said: "Companies face more and more changs and challenges when it comes to travelling from A to B.

"As our clients' long-term business mobility partner, we look forward to navigating familiar and new territory wth them,so they always come out ahead."

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