LeasePlan has announced the expansion of its fleet to a record level of 1.5 million vehicles worldwide.

Across the 32 countries where LeasePlan operates, its worldwide fleet recently surpassed the 1.5 million mark compared to 1.3 million vehicles in 2010. This is an 8% year on year increase in the number of vehicles under LeasePlan management, which numbered 1.40 million at end-September 2014.

Nick Salkeld, chief commercial officer at LeasePlan, said: “We want to continue to be market leaders in all that we do: in customer service, in product innovation and in the driver mobility solutions we offer. And we are not complacent. We will continue with our drive for growth, for customer service excellence and our commitment to lead the market in making the lives of our customers easier.”

LeasePlan’s local operating companies provide fleet management and mobility services to a wide variety of clients, ranging from large corporations and public-sector entities to small and medium-sized enterprises (SMEs) and individual drivers.

In recent years, it has increasingly focused on delivering new, innovative service offerings for SMEs. As a result, SME has become LeasePlan’s fastest-growing client segment, reaching double digit growth, up 11% year on year, fuelling the expansion of the company’s global fleet.

Large international clients remain an important segment, served by LeasePlan International. This business has too expanded, with 8% growth year on year.

Furthermore, the growth of LeasePlan’s worldwide fleet is also due to its strong corporate client base, which has grown 6% globally compared to the same time last year.