Association summed up the results of car rental market in 2011

Association of lessors, which is the voice of leasing and car rental industries in Ukraine, conducted the rental market research.

The largest players provided the information for statistical reporting, in particular: «BLS», «Avis», «Europcar»,  «Sixt»,  «Budget Rent a Car», «Aro Cars», «Mega Rent».

Pronounced positive trends are observed in the year results – increase of a rental cars amount, level increase of utilization (workload of fleets) and diminishing of average rental time.

From the point of basic indicator – size of fleets, the Top three did not change compared to the previous period (2010). They are:

«Sixt» – 410 cars (23% increase); 

« Avis » – 300 cars (30% increase);

 «Budget Rent a Car – 172 cars (28.36% increase).

Overall, the average level of utilization increased almost on 11 percentage points in the market and reached 70%. The company «Aro Cars», as well as before, remains the leader according to this index. «Europcar » and «Avis» got the second and third places accordingly. The company «BLS» showed the biggest dynamic increase of utilization (33%).

Market participants expect the breach growth of all basic indexes due to the intensification of demand before and during Euro-2012 in Ukraine.

No.

Company name

Fleet, pcs

Changes of fleet, %

Quantityofrentaldays, days

The average duration of hire, days

Utilization,%

31.12.2010

31.12.2011

01.01.2010 – 31.12.2010

01.01.2011 – 31.01.2011

01.01.2010 – 31.12.2010

01.01.2011 – 31.01.2011

01.01.2010 – 31.12.2010

01.01.2011 – 31.01.2011

1

«BLS»

65

91

40,00%

8303

22586

7

7

35,0%

68,00%

2

VIP Rent/«Avis» 

229

300

31,00%

61905

66803

15,12

13,79

72,5%

73,00%

3

«Europcar»

n/d

82

n/d

n/d

22148

n/d

12

n/d

74,00%

4

 «Sixt»

342

421

23,10%

56120

55227

5

9

52,0%

53,00%

5

 «Budget Rent a Car»

134

172

28,36%

28471

43770

15

11

65,7%

68,60%

6

«Aro Cars»

46

67

45,65%

13800

29394

7

7

82,2%

84,50%

7

«MegaRent»

n/d

120

n/d

n/d

30650

n/d

10

n/d

69,90%

8

 «Hertz» *

85

n/d

n/d

17354

n/d

7

n/d

50,3%

n/d

Total

901

1253