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Industry information
The commercial vehicle sector continues to be boosted by the current economic situation, with the volume of new business rising by 14.7%. An increase of 8.6% in the car sector marks a significant improvement on last year's figures. The market continues to be dominated by the leasing companies operated by the automobile manufacturers. These so-called captives benefit from extremely high subsidies and discounts from their parent companies, which allows them to operate with aggressive pricing policies. As a result, they account for a major proportion of new vehicle sales compared with independent leasing companies which are not tied to specific manufacturers.
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