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Fleet registrations in Germany are expected to drop by 380,000 units in 2020 as the result of the COVID-19 pandemic, and registrations for April and May are projected to be 80% lower than projected.
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Fleet sales in Switzerland were down by 14.1% in February, as registrations in the overall market posted another month of declines.
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Fleet sales in Switzerland were down in January by 1,000 units, when compared to the same time last year.
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Fleet sales in Poland were down in January by 2,000 units, when compared to the same time last year.
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Fleet sales in the Netherlands were down by 2,000 units year over year in January, and the overall market was down for the month as well.
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Fleet sales in Spain were up by 2,000 units year over year in January, despite declines seen in the overall vehicle market.
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Argentina saw a decrease in true fleet sales in 2019 when compared to the previous year and was down by 2,000 units.
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Registrations for the fleet markets of Spain and France saw growth in 2019, despite fluctuations seen in other areas of the industry.
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The Swiss fleet market continued to see growth to round out 2019 after experiencing declines earlier in the year, and posted a 22% growth in December.
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Electric vehicle sales for fleets reached 23% in 2019, which was hinged partially on company car drivers acquiring assets to avoid tax increases that would impact their purchasing decisions in 2020.
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