Increase market share in automotive leasing
The driving force behind leasing companies adopting telematics has been the growing demand from fleet customers seeking the benefits it provides. But are leasing companies fully tapping into telematicsโ potential to boost operational efficiency, enhance residual values, and win new customers?
This month, weโll explore how leasing companies are leveraging telematics for both their internal operations and fleet customers through ConnectedLeasing and ConnectedFleet. Weโll feature insights from an article on the importance of telematics in modern full-service leasing agreements, a webinar on how telematics can enhance ESG compliance for leasing companies and their fleet customers, a Deloitte study on fleet management, and news on the upcoming Fleet Europe event in Milan!
Letโs take a look:
- Feature article: Unlocking the potential of full-service leasing with telematics
- Industry insight: Deloitte on fleet management in Europe
- Latest webinar : Telematics for automotive leasing companies
- Upcoming events: Fleet Europe Days 2024 in Milan
Unlocking the potential of full-service leasing with telematics
Leasing companies face increasing pressure to meet the growing demands of fleet customers, who now expect telematics as part of their full-service leasing agreements. While standard leasing remains largely unchanged, providing predictable payments and basic vehicle access, full-service leasing has evolved significantly. Over the past decade, telematics has become a crucial feature, offering advanced tools such as real-time tracking, predictive maintenance, and compliance management.
However, many leasing companies only scratch the surface of what telematics can offer, missing key benefits that could optimize their operations and attract new customers. This article highlights how leasing agreements have transformed, the central role of telematics, and how solutions like ConnectedLeasing can help businesses enhance internal efficiency, improve residual values, and remain competitive.
TLDR:ย Full-service leasing has been redefined by telematics, providing real-time data, improving residual values, and helping leasing companies attract new customers.
Deloitte’s study on fleet management in Europe
This analysis finds that the fleet management industry in Europe has grown into a multi-billion-euro business, becoming increasingly strategic in the face of changing mobility trends. Traditionally dominated by bank-backed companies, the industry is now seeing a surge in interest from OEMs entering or expanding into the multi-brand fleet management market. This evolution reflects a broader shift in mobility, where car ownership is becoming less attractive due to urbanization and the rising costs associated with owning vehicles.
Looking ahead, fleet management is expected to gain even more relevance as younger generations move away from car ownership and toward corporate fleet usage and car-sharing services. Autonomous vehicles will further revolutionize the industry, positioning fleet managers and mobility providers as key players. Strategic decisions by OEMs, fleet managers, and tech companies will determine control over customer access and mobility data, which will be increasingly crucial for monetizing the mobility ecosystem.
TLDR:ย OEMs are increasingly entering the fleet management market to capitalize on shifts toward vehicle sharing, autonomous technology, and connectivity.
Telematics for automotive leasing companies
This webinar explores how telematics is revolutionizing the leasing industry, providing companies with cutting-edge tools to improve efficiency and gain a competitive edge. With insights from industry experts, the session examines how real-time data and telematics-driven solutions can streamline fleet management, optimize operations, and enhance the overall leasing experience.
A key focus is on how telematics can help you meet ESG compliance, especially in emissions reporting. With accurate and transparent vehicle data, youโll be able to support your fleet customers in meeting strict ESG requirements, ensuring regulatory compliance, and improving operational efficiency.
TLDR:ย Telematics boosts your leasing efficiency and allows you to offer fleet customers enhanced ESG compliance support.
Join us in Milan for Fleet Europe Days 2024!
Weโre heading to Milan for Fleet Europe Days 2024 on October 23-24, where weโll be showcasing our latest telematics solutions for leasing companies and commercial fleet customers. Martin Nรธrgaard Hรธgh, our Vice-President of Marketing, Business Development & Sales, will be on stage for day two, and we have plenty of goodies in store for you. Itโs a great opportunity to meet in person and discuss all the exciting opportunities in commercial leasing and automotive fleet management.
TLDR:ย Weโre going to Fleet Europe Days 2024 in Milan, October 23-24. Join us at our booth #59 or book a meeting! Hope to see you there!
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