Fleet News

AIB and PHH set up joint Irish venture

THE AIB Group (Allied Irish Bank) has set up a joint venture with PHH Vehicle Management to offer a full portfolio of fleet services in Ireland. Allied Vehicle Management will offer vehicle acquisition, funding, maintenance, fuel management, and disposal for AIB's customers in Ireland.

PHH already fleet manages 30,000 vehicles from its Dublin office and will be responsible for AVM's back office administration. Kevin Kelly, managing director of AIB, said: 'Strategic alliances are becoming the norm, where experts in their fields are joining forces to provide a complete and wider service to their customers. This is what AIB and PHH have done in creating Allied Vehicle Management.'

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