Tusker has seen a record performance in its salary sacrifice scheme, SS4C, in the first four months of 2014, with the highest ever number of new car orders and its largest ever order bank.
At the same time, the company’s contract hire and leasing operation has also seen a string of new business wins which have added more than 700 vehicles to its traditional contract hire fleet.
Salary sacrifice cars ordered by Tusker have now passed the 10,000 mark and the number of schemes in operation has grown to more than 155, a growth rate of 55% in the past 12 months, as the popularity of its SS4C scheme continues to increase across the UK.
This is set to continue as the new customer pipeline will deliver a further 50 new schemes by the end of 2014.
Tusker is now consistently taking more than 500 new salary sacrifice car orders every month, in addition to its normal contract hire and fleet management business.
Among the new organisations signing up for Tusker’s SS4C scheme are the University of Cambridge,with almost 11,000 eligible employees; and energy products and solutions provider, Doosan Babcock, which has 1,800 eligible employees.
Both of these schemes have been won from previous suppliers, Lex Autolease and Zenith Vehicle Contracts, on the basis of Tusker’s ability to engage with driver populations.
Iain Carmichael (pictured), chief commercial officer at Tusker, said: “This has been an outstanding first four months of 2014 for Tusker with new records being achieved for every Key Performance Indicator that we have set.
"We are now delivering record levels of growth and profit and are confident we are on track to deliver our stretching plans, for future growth and profitability.”
Chief operating officer, Mark Sinclair, added:”We continue to invest heavily in our people and systems to ensure that, as we grow at this rapid rate, we can continue to provide the gold standard level of customer service and engagement that has been instrumental in helping us achieve our outstanding performance.”