Bright Prospects for the Global Leasing Industry

Bright Prospects for the Global Leasing Industry

ID: 527599

(Thomson Reuters ONE) -


For the fifth consecutive year since the global economic crisis, the global
leasing industry maintained an optimistic outlook and has experienced growth in
new business volumes

LONDON, March 01, 2017 (GLOBE NEWSWIRE) -- White Clarke Group, the leading
provider in automotive and asset finance software solutions, announced today the
publication of their 20(th) annual Global Leasing Report, the world's only guide
to the top 50 leasing markets, summarizes leasing volumes and other market
trends.

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/15317069-bbda-4e48-98d2-
df67f2261230

http://www.globenewswire.com/NewsRoom/AttachmentNg/7ad01b79-
4a4d-4c1a-8aaf-9079fbe0b39b

The report reveals an optimistic industry outlook with positive growth and
continued confidence.

Overall global annual volumes reached the US$1 trillion milestone as leasing
finally shrugged off the effects of the great recession, with growth in the
industry outperforming that of the overall economy.

North America remained top of the world's largest leasing regions, increasing
its lead on Europe, and the United States remained the world's largest leasing
market by double-digit growth.

Europe, performed well; its two largest and most mature leasing countries, UK
and Germany, continued to improve, with the UK achieving a 14% increase. The
rise within both of these markets was driven in part by auto finance.

Asia showed the fastest growth of any region; China continued its rapid rise
towards top place, expanding its leasing market by more than 25% in one year.
Business volumes were driven by infrastructure, manufacturing and a resilient
car market.

Brendan Gleeson, Group CEO said: "2016 brought some significant economic and
political events, namely Brexit and the election of Donald Trump as U.S.




president. Both events have brought short-term volatility on the global foreign
exchange and stock markets. It is too early to assess how these events impact
the economies of the world and the global leasing industry in the medium term -
but there may be some resulting economic instability in 2017."

Learn more by downloading the Global Leasing Report or by purchasing the World
Leasing Yearbook, which includes more than 50 country reviews, covering all
leasing sectors with core data and statistics.

About the company

White Clarke Group is a global provider in end-to-end automotive, consumer and
asset finance software solutions. Employing around 500 professionals, with
offices in the USA, UK, Canada, Australia, Austria, Germany, India and China.
Clients include: GM Financial, Exeter Finance Corp., Toyota Financial Services,
Volkswagen Financial Services, Daimler Financial Services, Ford Credit, BMW
Financial Services and Fiat Chrysler Automobiles.  For more information, please
visit www.whiteclarkegroup.com

Press contacts
Anna Lepp, Global PR & Marketing Director
Phone: +44 (0)1908 576 710
Email: alepp(at)whiteclarkegroup.com
URL: www.whiteclarkegroup.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: White Clarke Group via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 01.03.2017 - 22:26 Uhr
Sprache: Deutsch
News-ID 527599
Anzahl Zeichen: 3835

contact information:
Town:

Alpharetta



Kategorie:

Business News



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"Bright Prospects for the Global Leasing Industry"
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