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Volvo XC40 named Lease Car of the Year 2018

Aartselaar, 26 April 2018 - Alphabet announced the winners of the “Lease Car of the Year 2018” competition during an annual award show. First place was awarded to the Volvo XC40.

Alphabet, leading provider of Business Mobility, organised the election “Lease Car of the Year” for the 26th time. The Volvo XC40 did not only win the title of “Lease Car of the Year”,  it was also voted “best in class” in its category Business +.The car made a great impression on the jury due to its safety, level of finish and quality. The XC40 also scored well above average during the practical tests. Additionally, it received the most online votes by far from the over 400 fleet managers who participated.

In the “Economy” category, the Ford Fiesta scored high thanks to its favourable TCO values and high safety and quality scores.

The Nissan Leaf won in the Business segment. This 100% electric car was also awarded with the “Special Prize of the Jury”. On the test day, the jury was unanimously charmed by the handling, comfort and finish of this second generation. This car comprises the ultimate proof that electric and alternative drive vehicles now have a suitable place in corporate fleets.

Volvo was also awarded with a prize in the “Executive” category, in which the Volvo XC60 obtained strong scores on safety and fuel consumption. This car also received numerous votes from the fleet managers participating in the online voting process.

The event’s guest speaker Mark Pecqueur, lecturer and researcher in Automotive Technology at Thomas More University College, presented a lecture on alternative and new sources of energy, also addressing the necessary developments in our mobility - subjects that tie in seamlessly with Alphabet.

Marc Vandenbergh, Director of Sales & Marketing and chairman of the jury, explains: “We aim to remain innovative at all times, keep abreast of market trends and help shaping the future: not only within our sector, but also through this election. This is reflected in all our activities.”

Erik Swerts, who opened the event for the first time in his role of Managing Director, underscored that ideas and developments with regard to alternative modes of transport will evolve at an accelerated pace in the next few years. “But Alphabet is ready for this. As part of the BMW Group we are also part of a global player in the field of mobility. We combine this with extremely strong customer centricity in which we listen to the demands and needs of our customers, and to which we respond accordingly. This ensures that we have the right solutions at hand to offer suiting mobility products.”

From left to right: Erik Swerts, Managing Director Alphabet Belgium, Alain Peers, Fleet Manager Volvo Car Belux, Marc Vandenbergh, Director Sales & Marketing Alphabet Belgium
From left to right: Erik Swerts, Managing Director Alphabet Belgium, Alain Peers, Fleet Manager Volvo Car Belux, Marc Vandenbergh, Director Sales & Marketing Alphabet Belgium

About Lease Car of the Year

The Lease Car of the Year competition is the ideal occasion for Alphabet to share its expertise with vehicle fleet managers in the areas of TCO, sustainability and trend-watching. During the initiative, vehicles put on the Belgian market between 1 February of the previous year and 31 January of the current year are assessed according to their potential for corporate vehicle fleets. A jury of experts, consisting of customers, members of the press and internal specialists, determines the nominees in three steps. The desk research in turn looks at objective criteria such as TCO, safety & quality, emissions and BIK. In a second phase, the cars are subjected to a practical test. Finally, the third part of the points is determined by Alphabet’s customers, who cast a vote for their favourite car.

About Alphabet

As one of the market leaders in corporate mobility in Europe, Alphabet helps companies manage their fleet in an efficient and sustainable manner. Alphabet was founded in 1997 as a division of BMW Group and has since acquired extensive knowledge in the field of international fleet management and operational leasing. The comprehensive service it offers includes advice as well as financing. Alphabet’s corporate mobility solutions are tailor-made to ensure that they satisfy companies’ specific requirements.
With a portfolio of over 680,000 vehicles of all makes in 21 countries, it is one of the four major players on the market. In Belgium Alphabet currently manages over 51,000 vehicles, also good for a place in the top three. Its expertise and technology enable Alphabet to play a leading role in Advanced Mobility Solutions: AlphaElectric offers businesses extensive eMobility solutions, AlphaCity provides a cost-saving Corporate Car Sharing arrangement and AlphaFlex allows companies to integrate a mobility budget. Our convenient AlphaGuide is an ideal app for all of our drivers on the road. More information available at: