Investments of 50 billion Euros in the leasing industry
German leasing industry stays on track
Frankfurt, November 22nd, 2012: The German leasing industry maintains its successful course and accomplished investments of 50 billion Euros in 2012. “We were able to generate these results despite of decreased investments by companies, so we are quite confident with the outcome”, says Martin Mudersbach, president of the Federal Association of German Leasing Companies.
While investments decreased, the rate for product leasing slightly increased, from 22.2 percent in 2011 to currently 22.7 percent. Mudersbach expects improvements by the second half of 2013. However, since road vehicles (cars and utility vehicles) account for 69 percent of new business in the leasing field, the turnout will strongly depend on the recovery of the automotive industry in Germany.