Fleet News

Avis lands record 3,000-car deal

AVIS Fleet Services has won one of the biggest sale and leaseback deals in the history of the UK fleet industry, taking over the 3,000-strong company car fleet of financial services giant General Accident plc. The multi-million pound contract hire deal for GA's existing fleet will also see Avis, subsidiary of GE Capital Fleet Services, provide new cars from GA's Rover and Peugeot restricted badge list.

GA has stressed that the new arrangement is not an outsourcing deal, and no redundancies will stem from it. The company will continue to maintain a fleet department, although three or four members of staff will be redeployed.

Avis Fleet Services is in the process of recruiting internally a team of four people to its Fleet Alliance Operations Centre to look after the GA fleet. They will provide a centralised fleet management function, day-to-day operations control and ongoing policy advice. Salford-based Avis has written quality clauses and performance standard guarantees into the contract, which represents its largest yet single deal.

The additional 3,000 cars take GE Capital Fleet Services' UK fleet to more than 88,000 vehicles, rivalling Lex Vehicle Leasing's 88,500 contract hire vehicles for the top spot in UK leasing.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Fleet news logo
Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

Fleet news logo
What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee