Diesel currently accounts for more than half of the passenger car and light commercial vehicle registrations in Europe. In true fleets segment, this share is even two-thirds.
Consumer reaction following the recent defeat device scandals together with concerns over vehicle access restrictions in certain large cities has led to growing uncertainties around the future of diesel across the European markets. This was the trigger for Arval to issue this white paper on diesel.
As an independent multi-brand lessor of vehicle fleets across Europe, Arval scrutinises all trends and expert views around vehicle technologies and usage, as well as offering its advice and support to clients and drivers to make the best choices when selecting a new vehicle. With these recent questions and challenges expressed around Internal combustion engines in general and diesel in particular, but also bearing in mind that alternative energies are becoming more and more available, Arval has fully reviewed its Total Cost of Ownership (TCO) calculation. The Arval methodology already included a fuel cost element and applicable taxes, but will also integrate the possibility to take specific driver segments into account in terms of total mileage driven, as well as driving patterns and locations; this should enable clients to make a better balanced selection across all vehicle types.