Fleet News

500-vehicle fleet moves over to Black Horse

CHELTENHAM & Gloucester has transferred the management of its 500-strong fleet to Black Horse Vehicle Management, a sister company within the Lloyds TSB Group. C&G is the last major business unit within the Lloyds TSB Group to transfer its fleet to BHVM - it previously used PHH Vehicle Management.

Peter Jubb, C&G's manager with responsibility for fleet, said: 'It makes sense to bring the contract under the Lloyds TSB Group umbrella, particularly as BHVM has been able to demonstrate the improved economies of scale, purchasing clout and operational efficiencies we are looking for.'

BHVM's fleet now exceeds 35,000 vehicles and it plans to use the revised Lloyds TSB black horse symbol, and the shortened BHVM brand name, as marketing tools to deliver further growth. BHVM will also take control of the 250-strong fleet of group sister company Abbey Life by August.

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