Datamonitor releases ‘Fuel Card Distribution through Leasing Companies’
Between 2003 and 2006 the number of operational leasing cars grew by 660,000 across Europe, creating numerous opportunities for leasing companies and affiliated service providers.
The growth is greatest in Poland, Austria and Hungary. Oil card providers, including BP and Shell, have gained access to a high percentage of the leased vehicle parc through partnerships with fleet lessors such as LeasePlan and ALD Automotive.
These relationships have enabled some fuel card issuers to distribute their cards to up to half of the operational leasing fleet within selected markets. There are many remaining opportunities for fuel card issuers to enter into partnerships with operational fleet lessors. The sheer number of fleet lessors in the large Western European markets provides numerous opportunities as does the fast growing Central and Eastern European markets. (petrolplaza)
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