FCA Fleet Services has made its way into the top half of the FN50 listing for the first time, ranking 24th - up from last year’s position of 31.
The company provides personal and business contract hire and related services for Fiat, Alfa Romeo, Jeep, Abarth, Fiat Professional and Maserati customers.
The FN50 is an annual rating published by Fleet News highlighting the largest contract hire and leasing companies in the UK.
“This great success has been achieved through the hard work of a very dedicated team, we have the right structure, sales presence, marketing and support to drive this business across the UK,” said Alex Hughes, managing director, FCA Automotive Services.
The rise also signified that FCA Fleet Services is the fastest growing leasing company, in percentage terms, in the UK for 2016. Its 2,569-unit increase represented a 53.4% leap.
Almost all the growth came from cars, which rose from 4,386 to 6,902, underpinned by Fiat’s increase in fleet registrations over the past 12 months – up almost 81% to end user fleets (7,108 units) as registrations to leasing companies reduced slightly by 9% (453 units).
“Providing highly competitive terms across our award winning range of cars and commercial vehicles, we can put strong offers in place on PCH, connecting at dealer level, to make the most of a dynamic and growing contract hire market this year,” added Franck Gaillard, contract hire and fleet director of FCA Automotive Services.