Coronavirus impacting the industry outlook of lease companies in the Netherlands 2020

Published by
Fernando de Querol Cumbrera,
Feb 8, 2023
At the height of the coronavirus crisis in 2020, car lease companies in the Netherlands were very pessimistic about both their recent proditability and their future revenues. Dutch car lease companies were asked about their revenue forecast and recent profitability on a quarterly basis in 2020, and at the start of Q2, nearly all respondents predicted a decline in revenue in the coming quarter. At the same time, approximately 70 percent of Dutch lease companies reported a decline in profits compared to the last quarter of 2019.

Car leasing companies quarterly revenue forecast and recent profitability change due to the coronavirus in the Netherlands in 2020

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Source

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Release date

August 2020

Region

Netherlands

Survey time period

January, April, and July, 2020

Number of respondents

5,500*

Special properties

Lease companies in the Netherlands

Method of interview

Online survey

Supplementary notes

* The figure provided refers to all companies in the survey, the number of lease companies is much smaller. The source does not provide an exact number of respondents for this segment.

The source adds the following information: "The weighted response rate of producers with an expected increase in turnover minus the weighted response rate of producers with an expected decrease in turnover" and "The weighted response rate of producers indicating that the profitability in the last three months has improved minus the weighted response rate that it has declined."

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Car leasing in the NetherlandsCar financing and leasing in the U.S.Passenger car market in EuropeAutomotive industry in the Netherlands
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