CONTENTS GLOBAL FLEET MARKET REPORT 2019 ASIA 4 India: Fleet Sales Account for 3.7% of Total 5 6 8 10 12 14 Vehicle Sales Japan: Strong Economy Despite Demographic Challenges South Korea: Fleet Market Now 10% of Auto Market China: State of the Commercial Fleet Market Taiwan: Overall Decline in Exports Slows Economy, Automotive Industry Indonesia: Auto Production and Domestic Consumption Trending Upward Thailand: Despite a Few Uncertainties, Automotive Outlook Appears Positive 58 Argentina: Commercial Fleet Market Gains Strength 62 Ecuador: Fleet Market Flat as it Emerges from Recession 64 Chile: Commodity Prices & Exchange Rates Impact Fleet Market 67 Peru: State of the Commercial Fleet Market 69 Uruguay and Paraguay: Economic and Automotive Conditions AUSTRALASIA 72 Australia: Fleets Account for 52% of New-Vehicle Purchases 78 New Zealand: Record Fleet Sales for Fourth Consecutive Year AFRICA EUROPE 16 Russian: State of the Automotive Market 19 United Kingdom: True Fleet Market Finishes 20 22 24 26 28 2018 as Second Largest Fleet Market in Europe Spain: Brand Market Share Reshufles in Declining Fleet Market Germany: True Fleet Market Down, But Improving Italy: True Fleet Market Continues to Grow France: Fleet Growth Accelerates Latvia, Lithuania, and Estonia: Baltic States Ready for Massive Fleet Optimization 82 South Africa: Commercial Vehicle Sales Drop 83 87 92 Slightly in 2018 Morocco: The Fleet Market is Robust and Growing Egypt: Fleet Market Struggles with High Inlation & Interest Rates Tunisia: Fleet Market Recovering from Multiple Socio-Economic Upheavals MIDDLE EAST 98 Jordan: Fleet Market Conditions 98 Saudi Arabia: Fleet Market Conditions 99 Bahrain: State of the Fleet Market 100 Kuwait: Fleet Market Conditions 101 Qatar: State of the Fleet Market 101 United Arab Emirates: Fleet Market Conditions 102 Turkey: State of the Automotive Market NORTH AMERICA 33 USA: Operating Costs Increase after 41 46 48 50 Remaining Flat for Five Years Mexico: Deep-Dive Analysis of the Fleet Market Canada: Fleet Market Driven by Both Tailwinds & Headwinds Jamaica: State of the Commercial Fleet Market Panama, Costa Rica, and Guatemala: State of the Fleet Market JUNE 4-6, 2019 HILTON MIAMI DOWNTOWN, MIAMI, FL VISIT WWW.GLOBALFLEETCONFERENCE.COM FOR MORE INFORMATION. MARKET OVERVIEWS : ASIA THAILAND INDONESIA TAIWAN INDIA JAPAN SOUTH KOREA CHINA EUROPE GERMANY UNITED KINGDOM SPAIN ITALY FRANCE RUSSIA BALTIC STATES NORTH AMERICA UNITED STATES CANADA MEXICO JAMAICA PANAMA COSTA RICA GUATEMALA SOUTH AMERICA 55 Brazil: Economic Uncertainty slows Fleet Market Growth 2 AUTOMOTIVE FLEET I GLOBAL FLEET MARKET REPORT 2019 SOUTH AMERICA BRAZIL ARGENTINA ECUADOR CHILE PERU URUGUAY PARAGUAY AUSTRALASIA AUSTRALIA NEW ZEALAND AFRICA SOUTH AFRICA EGYPT MOROCCO TUNISIA MIDDLE EAST SAUDI ARABIA UNITED ARAB EMIRATES TURKEY JORDAN BAHRAIN KUWAIT QATAR