Automobile Fleet

Automobile Fleet

A large number of vehicles owned by the same entity, especially a corporation. An automobile fleet is covered under a single insurance policy.
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References in periodicals archive ?
New York, NY, May 03, 2017 --(PR.com)-- According to TechSci Research report, "Thailand Tire Market Forecast & Opportunities, 2022," the market for tires in Thailand is projected to cross $5.6 billion mark by 2022, on account of expanding domestic demand, growing automobile fleet and favorable government policies.
Volume sales benefit from an automobile fleet that is larger and older than any in U.S.
If the United States were to raise the fuel efficiency of its automobile fleet over the next ten years to that of the Toyota Prius, U.S.
Corporacion Cimex S.A., one of Cuba's largest state corporations, says it will spend $34 million this year to upgrade the automobile fleet of Havanatur S.A., a Cimex subsidiary and Cuba's largest car-rental agency.
Rapid urbanization, expanding automobile fleet and increasing infrastructural development are some of the major factors anticipated to boost the demand for tires in the country over the next five years.
Automobile fleet in Angola is dominated by passenger cars.Moreover,with continuing increase in passenger car sales, the demand for passenger car tyres is projected to grow over the forecast period.
Prominent factors driving the market include growing automobile sales, rising automobile fleet, favorable government policies and increasing foreign investments in the country's automotive sector.
Two-wheelers also account for the largest share in the country's automobile fleet. As a result, the Thailand tyre industry is dominated by the two-wheeler tyre segment in volume terms, and this trend is expected to continue in the coming years.
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