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.
Fleet sales in Switzerland were down by 14.1% in February, as registrations in the overall market posted another month of declines.
Fleet sales in Switzerland were down in January by 1,000 units, when compared to the same time last year.
Fleet sales in Poland were down in January by 2,000 units, when compared to the same time last year.
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.
Fleet sales in Spain were up by 2,000 units year over year in January, despite declines seen in the overall vehicle market.
Argentina saw a decrease in true fleet sales in 2019 when compared to the previous year and was down by 2,000 units.
Registrations for the fleet markets of Spain and France saw growth in 2019, despite fluctuations seen in other areas of the industry.
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.
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.