Fleet News

New car registrations: BVRLA comment

John Lewis, chief executive of the British Vehicle Rental and Leasing Association has commented on today’s SMMT New Car Registration figures for 2011.

“2011 has indeed been a challenging year for the UK motor industry, and once again, it has business fleets to thank for purchasing nearly 60% of all new cars sold. It is great to see that this support has helped boost UK-based vehicle manufacturers including MINI, Nissan and Jaguar.

“The coming year could be even tougher and we expect fleet customers to continue to dominate the new car market. Business users recognise the advantages of buying newer, safer and more fuel efficient cars, but only as long as manufacturers resist the urge to push up prices.”

“The continued growth in sales of premium fleet brands including Audi, BMW, Mercedes and VW shows that cars with high list-prices can still be a very attractive business option because of their fuel-efficiency and high residual value, which gives them a low-cost of ownership.”

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee