According to a recent survey conducted by GE
Capital, 57 percent of UK vehicle fleet managers believe that the
UK economy will improve slightly by the start of 2011.
A further 4 percent are anticipating a
“significant improvement” in 2010, while just 22 percent expect the
economy to deteriorate, the survey said.
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Some 45 percent of car fleet managers expected
to maintain the size of their fleets over the next year, with this
figure rising to 71 percent among LCV fleet managers.
Nevertheless, some 30 percent of respondents
expressed concern that their fleets would decrease in size.
Gary Killeen, UK fleet commercial leader for
GE Capital, said: “Whilst it is encouraging to see that fleet
managers anticipate the UK economy to strengthen this year, it is
very telling that they do not consider that their own fleets will
grow as a result of the improved economy.
“It is understandable that many of these
managers are prioritising cost efficiency savings on the back
of the recession, but it is interesting that the economic recovery
is not linked to an increase in fleet size as businesses look to
longer-term growth.”
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