THE construction and facilities management sectors are driving strong demand for commercial vehicles.
According to flexible mobility provider SOGO, construction has overtaken logistics as the fastest-growing users of commercial vehicles.
While February saw new leases down 12% on the same month last year, SOGO says this was due to delivery delays, and demand remained ahead of 2021.
Karl Howkins, managing director, SOGO, commented:
The commercial vehicle sector continues to perform strongly. We have seen our commercial vehicle fleet grow by 31% over the last 12 months and demand continues to grow, particularly in the construction and facilities management sectors.
Karl said the business was seeing strong demand for panel vans, tippers and pick-ups. He added: “We are meeting demand thanks to good relationships with manufacturers.”
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.
