Alphabet International reports growth in 2017

• Alphabet’s portfolio grew by 5.5% in 2017
• Alphabet expanded its customer base by 10% to over 86,000 companies
• Electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) gained ground, growing by 51% in total, to 5.2% market share
• Alphabet’s order volume increased by 4% to more than 240,000
• Both Alphabet Spain and Alphabet Belgium reached 50,000 vehicle milestone in 2017

MUNICH 26/02/2018 – As proven by the numbers, 2017 was yet another prosperous year for Alphabet International, a leading global provider of innovative Business Mobility solutions. The company released its figures for the past year: its operational lease portfolio grew by 5.5%, to 680,000 cars and light commercial vehicles. Alphabet also continued to steady increase its order volume, which grew by 4% to more than 240,000. Furthermore, the customer base grew by 10% to over 86,000 in the same time. This exemplifies a high customer satisfaction level for the fleet management and Business Mobility solutions provider.

Electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) also gained a lot of ground, growing by 51% in total at Alphabet compared to the previous year. The overall EV/PHEV market increased by 36% during the same period. In 2017, Alphabet introduced 11,000 EVs and PHEVs, which means 5.2% market share of all EV/PHEV registrations in the 12 relevant countries – that makes Alphabet the market leader in this sector. This reflects the general trend in recent years towards alternatively fuelled cars and LCVs. For companies interested in pursuing sustainable mobility forms, Alphabet’s cutting edge portfolio includes a range of tailor-made eMobility options within AlphaElectric.

“Companies today face more and more changes and challenges when it comes to travelling from A to B. As our clients’ long-term Business Mobility partner, we look forward to navigating familiar and new territory with them, so they always come out ahead”, says Norbert van den Eijnden, CEO of Alphabet.

Moreover, local subsidiaries in Spain and Belgium each broke the 50,000th vehicle mark in their respective portfolio. This solidifies the leasing company’s strong position in these markets where it is widely known as an industry innovator. 

Maintaining its commitment to innovation and serving clients with tailor-made solutions for their individual needs are aims Alphabet has set in 2018. This approach, unique to the Business Mobility, will remain a strength as an increasing number of companies look to adopt new mobility forms and practices within a framework that fits their business requirements.