A commercial, hybrid and electric option in yacht charter

The car rental industry’s umbrella organization, the Association of All Car Rental Agencies (TOKKDER), has announced the “TOKKDER Car Rental Industry Report”, which includes industry data for the first quarter of 2023, prepared in collaboration with independent research NielsenIQ. In this context; In the first quarter of 2023, the rental car sector made an investment of 10 billion 400 million TL and added 13,000 500 vehicles to its fleet. While the size of the industry’s assets reached TL 114 million 900 million, the total number of vehicles was 240 thousand. The increase in the share of light commercial vehicles in the active car rental sector group to 7 percent and the share of electric and hybrid vehicles to 8.5 percent were among the remarkable details in the report.

The umbrella organization of the car rental industry, the Association of All Car Rental Agencies (TOKKDER), has announced the “TOKKDER Driving Rental Report”, which includes the results of the 1st quarter of 2023, prepared in cooperation with the independent research company NielsenIQ . According to the report, the active car rental sector made an investment of 10 billion 400 million TL in the first quarter of 2023 and added 13 thousand 500 cars to its fleet. While the size of the industry’s assets reached TL 114 million 900 million, the total number of vehicles was 240 thousand.

Light commercial vehicles increase their share

According to the report, Renault continued to be the most preferred brand in the car rental industry in Turkey with a share of 19.7 percent. Fiat followed Renault with 16.2 percent, Toyota with 10.9 percent and Ford with 10.5 percent. During this period, 48.6 percent of the parking lot of the automobile industry had low class cars, while small cars had a share of 27.8 percent and high class had a share of 12.8 percent. The share of light commercial vehicles, which was 2.9 percent of the active rental car sector at the end of 2018, increased to 7 percent at the end of the first quarter of 2023. On the other hand, it was also seen that the share of hybrid and Electricity in the automotive industry continued to increase. Accordingly, while the majority of the industry’s car park continues to have diesel vehicles with 51.2 percent, the share of gasoline vehicles increased to 40.2 percent, and the share of hybrid and electric vehicles to 8.5 percent.

Sedan leads

According to the TOKKDER report, the sedan maintained its leadership in the ratio of car to body type in the operating rental sector. In this context, cars with a sedan body type took the first place with 59.5 percent, while cars with a hatchback body type took the second place with 20.3 percent. SUVs took third place with 11.1%. These vehicles were followed by station wagon body type vehicles with 1 percent. According to the report, 69.8 percent of the vehicles in the industry’s fleet had vehicles with automatic transmission, while the portion of vehicles with manual transmission was 30.2 percent.

The industry paid TL 5 billion 920 million in taxes in the first quarter of 2023.

The car rental industry continued to increase its contribution to the economy in 2023. According to the TOKKDER report, the amount of taxes paid by the industry in the first quarter of 2023 was a total of TL 5 billion 920 million.

Car rental companies reflect the efficiency they have created with their expertise in purchasing and fleet management for their customers.

Inan Ekici, Chairman of the Board of Directors of TOKKDER, made an assessment about the operating sector of car rental; “Although economic recovery has begun in the post-crisis world, the decline in economic activity, the deterioration of supply, the pressure of global inflation, the increase in costs and the difficulty of obtaining funds cause difficulties in business life. Despite all these problems , car rental companies are struggling to meet the needs of customers. Despite active car rental demand, our industry is unable to achieve the expected growth due to the ongoing shortage of new car supply. Due to rising car costs, the industry’s customers they also make changes in their car policies during this period and they prefer more economical cars with less equipment. Despite going through a difficult economic period, renting a car is always more profitable than buying. Operating car rental companies provide cars at a cost more affordable by showing the efficiency they have created with their knowledge in purchasing and fleet management for their customers.

To leave a livable world for future generations, we must agree to live in harmony with nature.

Touching on the new direction of sustainability and transportation, TOKKDER Chairman of the Board İnan Ekici said; “Sustainability is at the top of our priorities today. It has become a necessity in terms of sustainability for all countries of the world to actively participate in the fight against climate change and environmental pollution. I believe that it is important for all of us to agree to live in harmony and nature and make this a goal in order to leave a livable world for future generations. The European Union takes a major role in the fight against climate change with the policies it follows and continues its activities in line with the goal of “making Europe the first continent in the world carbon neutral by 2050”. Strict measures are being taken in this regard. All new cars and light commercial vehicles sold in EU member states from 2035 will be net zero. In other words, when that day comes, new cars with engines of petrol and diesel will not be able to be sold in these countries.We see that Turkey is also rapidly preparing for the supply of electricity in mobility. Some of the important steps taken on this road are the fact that our Togg electric car is on the road and the number of charging stations is increasing day by day. It is an undeniable fact that Togg will play an important role in the widespread use of electric vehicles in our country. The car rental industry will definitely include Togg and other electric vehicles in its fleet depending on the needs of its customers. Thanks to the leasing method, consumers will be able to get electric cars with monthly rental payments without the risk of the initial cost and the uncertainty of the second-hand price. In the future, energy saving will be more popular; Companies will invest more in sustainable technology, and we will gradually use fully electric and then autonomous vehicles in both the sharing and rental sectors.