Czech vehicle leasing business down in 2009
Czech vehicle leasing suffered heavily last year, with all major
lessors reporting drops in new business volume.
SkoFIN, the Czech arm of Volkswagen Financial Services AG, was
the top vehicle leasing company last year.
Despite a 30.8 percent decrease in new business volume, the
captive ranked first amongst Czech Republic’s top vehicle lessors,
totalling nearly CZK6 billion (€230 million).
The car and light CV lessor was followed by UniCredit Leasing,
which signed CZK4.6 billion of new business in 2009.
CSOB Leasing recorded the highest drop amongst the country’s top
leasing companies. New business at the lessor fell by almost 58
percent to CZK3.1 billion.
Antonio Fabrizio