Leaseurope, the trade association representing the European leasing and automotive rental industries, released the results of its European Annual and Ranking Surveys for 2013.

The final figures of the 2013 Annual Statistical Survey broadly confirm the preliminary European market results published in March. Total new leasing volumes increased by 0.7% to reach €251.9 billion.

Total new equipment leasing volumes, including vehicle leasing, grew by 1.9% to reach new business volumes of €238.4 billion or 94.6% of total new production in 2013. Vehicle leasing was the driving force behind the market’s performance in Europe and grew by 5.1%. New equipment leasing volumes (excl. vehicle leasing) were more subdued and fell by 3.6%. Nevertheless, these markets performed better in the second half of 2013 than in the first six months of the year.

The purpose of this survey is to provide a yearly update on new leasing volumes and portfolios of the largest leasing firms in Europe. This year, 79 European leasing companies took part in the 2013 Leaseurope Ranking Survey. Of those, 62 parent and stand-alone companies reported total new leasing volumes of more than €130 billion, which represents 52% of all leasing business written in Europe in 2013. The top 20 parent leasing companies accounted for just over 42% of the total new volumes granted in Europe for 2013 and 27 companies reported new volumes of over €1 billion.

To review the 2013 Ranking Survey (including the names of the companies and their new business volumes), click here.