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A brief history: how the fleet industry has evolved

Written by Avis Fleet | Aug 24, 2020 7:22:00 PM

Most of us own a car, perhaps more than one, and we’ve become pretty oblivious to what our lives would be like without them. 

 

It’s also estimated that the automotive industry is directly and indirectly responsible for more than 50 million jobs worldwide.

 

 

 

How the automotive industry has shaped the economy

The first mass produced passenger automobile made its first appearance in 1908 with the production of the Ford Model T – one of the most successful cars in history.

 

Cars have brought us closer together and allowed us to discover places we previously didn’t have access to. The automobile has proven to be the backbone of the commercial sector, improving the way goods are distributed and even sprouting an entire branch in the transport industry.

 

Some 9 million people – or 5% of the world’s population – is employed in the automotive sector.

 

Here’s how the fleet industry has evolved to offer comprehensive and unique transport solutions:

 

From consumer transport to full-on commercial fleets

Although the first car was only intended to carry people – and not a lot of them at that – auto manufacturers quickly came to see the benefit of producing vehicles that could carry goods.

 

Procuring vehicles, which were still very new and expensive at the time, on top of existing business expenses, seemed too heavy a financial burden for most companies to bear. Enter fleet leasing.

 

Car rentals emerged as early as 1918, and fleet leasing became a popular way of financing companies by the late 1930s and early 1940s. Lessees were however still responsible for their own insurance, maintenance and other associated costs.

 

The modern fleet industry has seen commercial automotive suppliers develop solutions that not only optimise fleet efficiency but also minimise many of the risks associated with moving vehicles and goods.

 

The fleet industry as we know it today

In the age of the consumer, no industry has been left unaffected by the need to offer exceptional, personalised services.

 

In the fleet industry, we’ve seen most providers incorporate solutions that offer more secure, cost-effective and comprehensive packages. We’ve seen a transformation from a vehicle leasing only solution to one that provides the lessee with complete peace of mind.

 

Most fleet leasing companies now offer maintenance, fuel management, and vehicle tracking – to name a few.

 

Avis Fleet – a cut above the rest

Offering the value-added services mentioned above puts any fleet leasing company in contention for business, but those companies that leverage technology to offer valuable insight to further optimise their customers’ operations are the ones that will continue to lead the industry.

 

At Avis Fleet, we consider ourselves to be at the forefront of the modern fleet industry. We employ the latest technology, offering tailor-made fleet solutions for your unique business needs.

 

While most fleet companies offer tracking services, we have optimised our tracking system through our Telematics solution to provide you with deeper insight into the movement of your vehicles to reduce operating costs.

 

Our systems help detect driver behaviour to minimise accidents and vehicle abuse. Telematics reports can also help you save up to 20% on your fuel expenditure.

 

The importance of reporting on your fleet is invaluable to your business operations. This is why we have combined our expertise in the fleet industry with the latest technology to ensure you get insightful data that can help deliver actionable solutions.

 

Our fleet maintenance solutions offer further peace of mind – we concern ourselves with the health of your vehicles so that you can focus on growing your business.

 

Contact us directly to fully learn how to benefit from our Full Maintenance Lease.

 

 

 

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