Fleet News

GEC Alsthom in switch to hire

ENGINEERING Group GEC Alsthom has switched its 1,000-strong company car fleet from outright purchase to contract hire. The change will affect all new cars joining GEC Alsthom's fleet in a move designed to improve the company's cash flow, achieve tighter control on maintenance costs and reduce its involvement in the day-to-day running of the fleet.

BCH Vehicle Management has won the sole-supply contract, and its ProFleet division will deal directly with GEC Alsthom's drivers. The Bristol-based leasing and fleet management specialist has used its wholelife cost database to help GEC Alsthom structure its new company car policy, providing a cost-effective benchmarking system to select the most suitable vehicles.

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

Comments

No comments have been made yet.

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.

What is your BIK car tax liability?

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