BVRLA News - Autumn 2020 (Rental)

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RESEARCH & INSIGHT

Covid-19 Survey

Industry Insight

The BVRLA has been assessing the impact of the Coronavirus pandemic on members’ businesses via a series of surveys.

The BVRLA has enhanced its website and expanded its digital offering to make it easier for members to access industry insight and share expertise and insights with peers.

The first Wave took place between 19 and 30 June. Wave 2 was carried out between 19 August and 4 September and the findings from Wave 3, which was carried out between 26 and 30 October, have now been published in the Industry Insight section of the BVRLA website. 92 organisations took part in Wave 1 and 52 in Wave 2. The vast majority of participants were from small and medium sized businesses and 86% of those who responded were decision

makers holding director, managing director or CEO positions. When asked about the barriers preventing business returning to normal, social distancing, vehicle supply and access to funding all increased notably in Wave 2 compared to Wave 1. Lack of demand for business, customers no longer trading, and lack of cash flow consistently remain a concern for members, cited in both Wave 1 and Wave 2 as being barriers to recovery. The responses from Wave 2 were more optimistic overall than in Wave 1, although this was prior to the second wave of coronavirus hitting and the subsequent introduction of tougher restrictions in towns and cities across the UK.

Supporting members during Covid-19

The BVRLA emails its regular Covid-19 Bulletin to over 5,000 individuals registered to receive updates from the BVRLA. These provide members

| Autumn 2020

with the latest information, advice and guidance of interest to those operating in the vehicle rental, leasing and fleet sectors. Anybody working for a BVRLA member organisation can sign up to receive updates. There have been almost 14,000 visits to the BVRLA Covid-19 Business Advice page since March. u

Members now have the opportunity to take part in a BVRLA Interview or host a BVRLA Blog, to share industry knowledge, expertise and insights that will be of interest to those operating in or working with the vehicle rental, leasing and fleet sectors.

Matt Freeman, managing consultant at cap hpi talks about the transition to alternatively fuelled vehicles, the state of the market, and what member businesses should be thinking about for 2021.

Recent bloggers and interviewees include:

To get involved in a BVRLA Interview or to host a BVRLA Blog, email brandpartnerships@bvrla.co.uk. u

Beverley Wise, Director UK & Ireland, Webfleet Solutions, discusses some of the challenges of electrifying fleets and how data holds the key to EV transformation. Chris Horbowyj, Channel Sales Director at Trakm8, talks about the importance of becoming data driven to keep fleets road ready. Steve Gooding, Director at the RAC Foundation shares his thoughts on the future of cars and driving, whilst looking ahead to the end of internal combustion engine vehicles.

BVRLA Research & Insight… The full catalogue of BVRLA research reports can be found under three new easy to navigate pages of the Industry Insight section: • Sector reports • Policy research • Membership data

Members can access restricted content by logging in to their BVRLA web account. Anybody working for a member organisation can sign up for a web account. 11


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