The vehicle rental and leasing industry is part of the automotive retail sector, represented by the IMI Automotive Sector Skills Council, which also includes: vehicle maintenance and repair; vehicle sales; and vehicle parts, distribution and supply. The UK automotive retail sector employs an estimated 514,572 people, accounting for 1.9% of the UK workforce. Future growth for the whole sector is forecast to be an increase of 2% by 2017.
The vehicle rental and leasing industry comprises the rental and leasing of all cars, light motor vehicles and trucks, which includes:
- light motor vehicles and vans up to 3.5 tonnes
- land‐transport equipment without drivers
- trucks, haulage tractors, trailers and semi‐trailers
- recreational vehicles
Key facts:
- The vehicle rental and leasing industry accounts for 7.3% of all employment in the automotive retail sector.
- There are an estimated 4,000 business units in the industry.
Jobs in the industry include: fleet controller, fleet manager, vehicle returns inspector, service technician, telephone receptionist.
National and regional data
East Midlands – There is an estimated 3,250 jobs in the industry, which is an increase of 60% since 1998. The East Midlands accounts for 11% of all employment within the vehicle rental and leasing industry. The automotive retail sector as a whole is set to decline by 4% in the region by 2017.
East of England – There is an estimated 3,020 jobs in the industry, which is a fall of 2% since 1998. The East of England accounts for 10% of all employment within the industry. The automotive retail sector as a whole is set to increase by 4% in the region by 2017.
London – There is an estimated 3,937 jobs in the industry, which is a fall of 18% since 1998. London accounts for 13% of all employment within the vehicle rental and leasing industry. The automotive retail sector as a whole is forecast to decline by 14% in the region by 2017.
North East – There is an estimated 859 jobs in the industry, which is a rise of 12% since 1998. The North East accounts for 3% of all employment within the industry. The automotive retail sector as a whole is forecast to decline by 11% in the region by 2017.
North West – There is an estimated 3,899 jobs in the industry, which is a fall of 28% since 1998. The region accounts for 13% of all employment within the vehicle rental and leasing industry. The automotive retail sector as a whole is forecast to decline by 4% in the region by 2017.
South East – There is an estimated 5,061 jobs in the industry, which is an increase of 23% since 1998. The South East accounts for 17% of all employment within the vehicle rental and leasing industry. The automotive retail sector as a whole is set to increase by 17% in the region by 2017.
South West – There are an estimated 3,649 jobs in the industry, which is an increase of 6% since 1998. The region accounts for 12% of all employment within the industry. The automotive retail sector as a whole is forecast to decline by 16% in the region by 2017.
West Midlands – There is an estimated 3,840 jobs in the industry, which is an increase of 54% since 1998. The region accounts for 13% of all employment within the industry. The automotive retail sector as a whole is forecast to increase by only 1% in the region by 2017.
Yorkshire and the Humber – There is an estimated 1,964 jobs in the industry, which is a rise of 6% since 1998. The region accounts for 7% of all employment within the industry. The automotive retail sector as a whole is forecast to increase by 15% in the region by 2017.
Wales – There is an estimated 931 jobs in the industry, which is a rise of 17% since 1998. Wales accounts for 2% of all employment within the industry and 4% of all employment in the automotive retail sector. The automotive retail sector as a whole is forecast to decline by 2% by 2017.
Scotland – There is an estimated 2,748 jobs in the industry, which is an increase of 40% since 1998. Scotland accounts for 8% of all employment within the industry. The automotive retail sector as a whole is forecast to increase by 1% by 2017.
The following data is for the automotive retail sector as a whole:
Northern Ireland – The automotive retail sector has seen a growth in employment over the past decade, to an estimated 13,893 jobs. Employment is forecast to continue to increase by 17% by 2017. It accounts for 3% of all national employment within the automotive retail sector.