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First quarter registrations in the Russian True Fleet market were up 11.4%, according to a report from Dataforce. Lada and Toyota continue to be the best-performing OEMs in the region, jointly representing a quarter of the market. Kia claimed the No. 3 position, followed with Volkswagen in 4th.
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Registration in the German true fleet market declined 12% in May due to a drop in registrations on dealerships, auto manufacturers, and rental cars.
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True fleet growth in Italy dropped 4.0% in May, and was down 1.9% compared to the previous May.
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True fleet growth in France dropped 2.6% in May, its first dip in 13 months, despite the total market posting a 0.2% increase.
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In terms of brand performance, Volkswagen and Renault respectively ranked as the No. 1 and No. 2 best-performing brands through the month
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The Netherlands has led this trend, with private leasing in the country being 10.6% of the total market.
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Commercial vehicle registrations in the European Union rose 3.3% in May, with vehicle demand sustained by vans and buses, while truck sales declined.
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Lotus has named Marcus Blake its new commercial director, and will be responsible for all sales, marketing, and aftersales activities for Lotus Cars worldwide.
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Hyundai Motor has invested in AutoTalks, which specializes in the manufacturing of vehicle-to-everything (V2X) chipsets, as part of a strategic partnership to accelerate the development and deployment of the next generation chipset for connected cars.
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Through this partnership, customers can place same-day delivery orders through Kroger's ClickList ordering system and Nuro's app.
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