
Turnover generated from long-term vehicle rental contracts in Italy 2015-2018
The turnover increased over the period, passing from 4.1 billion euros in 2015 to 5.5 billion in 2018. Long term rentals can refer to leasing, whereby companies who opt for this service outsource their vehicle fleet needs to a leasing company. Leasing companies will provide the necessary passenger cars, vans or trucks to their clients, along with any required related services, including maintenance, insurance, fuel management and/or tire replacements.