The German vehicle market has been growing constantly by around 1 percent per year. There are approximately 50 million vehicles registered in Germany, and about 10 percent are registered as company cars.

The German fleet market is dominated by national automakers, including VW, Audi, BMW, and Mercedes-Benz.

The lease market is very mature with almost 60 percent of all company cars being leased.

“Full-service leasing is also very popular, especially in the big fleet segment. The German fleet leasing market is split into captive and non-captive leasing. All relevant OEMs offer leasing products via their own leasing companies. Closed-end products are the most commonly required leasing solutions, including high-end services that deliver a high level of cost efficiency and transparency,” said Günther Glueck, commercial director LeasePlan Germany.

--By Mike Antich

Originally posted on Automotive Fleet

About the author
Mike Antich

Mike Antich

Former Editor and Associate Publisher

Mike Antich covered fleet management and remarketing for more than 20 years and was inducted into the Fleet Hall of Fame in 2010 and the Global Fleet of Hal in 2022. He also won the Industry Icon Award, presented jointly by the IARA and NAAA industry associations.

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