Growth of German Fleet Market Is Stagnant
While further growth of the German fleet car sector is anticipated, that projected growth rate is slowing, according to the latest results of the FleetBase market survey conducted by the German fleet market researcher Dataforce.
The number of cars in most existing fleets is stagnating: 94.6 percent (1999: 90.8 percent) of German fleet managers don’t plan to change their current fleet size. About 4.2 percent of all fleet managers plan to extend the number of company cars, and only 1.2 percent (1999: 1.4 percent) will reduce their fleet. But firms planning to change their fleet size do so on a substantial scale. The average growth rate in expanding fleets is 26.7 percent (1999: 19.2 percent). The corresponding figure in reducing fleets is at 19.5 percent (1999: 8.5 percent).
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