Car rental sector needs statutory regulation and supervision - Fashion - Style - Trendy

Sunday, December 19, 2010

Car rental sector needs statutory regulation and supervision

Experienced players in the field of long-term operational car leasing Alfa Oto's General Manager Mehmet Özhamurkar, the sector needs statutory regulation and supervision, otherwise the economic fluctuations, primarily to customers who would harm the residents said the entire sector. Özhamurkar, the infrastructure sector is not different from a bank or financial institution said: "Providing commercial and legal discipline, the most important requirement of long-term car rental söktörünün. For this, the solution is to license or similar obligations. "He said.

Showing large changes in the last 10 years, and developing long-term car rental market, operational developments and assessing the status of Alpha Auto General Manager Mehmet Özhamurkar of the sector in a significant growth trend is found, a number of legal measures necessary to ensure the sustainability of this trend is emphasized.

Özhamurkar; Long-Term Car Rental (UDOK) due to the advantages provided by glamor, the total market in ten years from almost zero level of 120,000 units that, despite this extraordinary growth rate, which has about 13 million registered vehicles in Turkey, UDOK utilization rate is still too indicating that the low levels, "the market, capital, labor and technology investments and the contractual total number of vehicles will increase rapidly over the next 5 years, we are forecast to exceed the level of 400 thousand units. If, by the legal infrastructure to be ready for inclusion in the event of public demands, the number of vehicles in terms of market size yaklaşabilecektir million units. Turkey's economy to carry on this positive economic trend in the case within a period of time such as 10-year maturity period are estimated to come. "He said.

Market-threatening elements

The most important danger in the market, which operates in the field of long-term operational car leasing, financial resources and infrastructure need to be affected by the economic entrepreneurs will create easy dalgalanlanmalardan Özhamurkar damage, indicating that: "The players in the high-risk taking business, success from every point nemalanırken, in case of any failure and providers will have to meet all customer environments, cause lots of damage. First of all, customers, banks and other players in the sector as providers, we also negatively affected the etkileniyoruz. "He said.

Costs incurred by the industry, low-cost environments, sample contracts unprofitable due to the presence of the sector due to the increase in the risk of higher interest-rate credit costs, increasing high-premium insurance costs due to unsuccessful management of damage or indicating that the sector can be considered as customers Özhamurkar not trust, "not a fair reflection of the negative consequences to third parties I think is left out of the ethical principles and commercial. Economic infrastructure of this sector, is no different from a financial institution or a bank. The sector, with a huge leverage effect and can work with a lower capital ratio. In essence, it is a huge need for funding, after the start of the investments, the ability to build very large fund which has a structure. "He said.

Jack Özhamurkar this reason, players must be long-term operational car rental area, composed of the minimum standards, subject to audit and should be running under a license belirtterek, control mechanisms applied to other financial institutions and developed countries should be applied in this field, such as capital, labor, the establishment of basic criteria such as business information and technology said that it is useful.

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