Fleet News

More fleets opting for external management

TWO companies operating almost 500 vehicles between them have revealed outsourcing agreements designed to save time and money. A single outsourcing deal involving 260 vehicles has been won by Fleet Cost Management which replaces individual fleet arrangements at the eight different businesses which make up the UK arm of the Lilleshall group. The fleet is composed of around 130 commercial vehicles, mainly Ford Transits, and 130 cars from a range of manufacturers.

And hand and power tool distributor Toolbank, which has a fleet of more than 200 vehicles spread among 13 depots nationwide, has opted for an outsourcing arrangement with leasing, contract hire and fleet management specialist AT&T Automotive Services.

Lilleshall is utilising FCM's Lease Plus funding product to acquire vehicles and has built into the deal full maintenance management, service and repair arrangements and accident management. Meanwhile, the Toolbank deal signals the end of the company's in-house fleet management operation which has been running since the company was formed more than 20 years ago. AT&T Automotive Services will provide vehicle acquisition, servicing, maintenance, recovery service, tyres, exhausts, windscreens, fleet reporting and disposal.

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