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SME vehicle rentals up 90% YoY, says Europcar

A move among smaller businesses to switch to more flexible fleet measures has seen a significant rise in take-up of rental solutions.

Data from Europcar Mobility Group reveals that it’s seen a 90% increase year-on-year in mid- to long-term vehicle rental for SMEs, with vans in particular operating 139% higher than in 2019.

The company said its solutions have been developed to provide a flexible alternative to standard operational leasing contracts at a time when business owners are concerned about potential financial risks and economic uncertainty.

Lluis Figueras, professional service line group director, Europcar Mobility Group, commented: “For the great majority of companies, the last few months have been extremely difficult. They now need the greatest flexibility to adapt to a still uncertain future. We have therefore focused on developing a range of highly flexible, bespoke long-term rental solutions. These solutions cover both cars and light commercial vehicles, which can help companies adapt quickly and effectively to demand. Of course, we have added extra hygiene measures throughout our operation to deal with the spread of Covid-19, to serve customers with the safety they require.”

Written by Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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