The job of fleet decision-makers has never been harder and leasing companies are having to adapt to meet new demands, members of the Fleet200 Executive Club heard.

Speaking at the club’s June meeting, held alongside Company Car in Action, at Millbrook, Bedfordshire, Tom Brewer, head of fleet sales and marketing at Volkswagen Financial Services said the industry was currently experiencing a “incredibly challenging environment” and a “spaghetti bowl of complexity.”

He told the seminar: “Remember when tax policy, Brexit, WLTP, Cazs and electrification was all we had to worry about? That was in the heady days of 2019. Things have taken a real turn and none of us could have known what would come next.

“In my opinion, your job as fleet decision makers has never been harder. Our job as leasing companies has changed beyond all recognition.”