Lex reports fleet growth for first half of 2015
The fleet management giant achieved fleet growth of 6500 vehicles, (2% in its fleet size) to over 300,000 vehicles during the first half of 2015. This represents a year-on-year rise of 6%.
The business delivered more than 37,500 cars and 10,500 commercial vehicles to its customers during the first half of 2015. It also added 8000 new customers in the first half of 2015 with a record number of new small and medium-sized business customer wins.
In the first six months of 2015, operating lease assets increased by 3% to £3.2 billion from £3.1 billion.
Tim Porter, managing director of Lex Autolease, said: “We are working hard to ensure we meet our ambitious targets to grow our fleet size as part of our five year plan and have made good progress in the first half of 2015. Our customers continue to upgrade their fleet and have shown strong interest in our new products and services.
“Our focus on expanding into the small and medium sized business market and helping these businesses see the benefit in leasing rather than buying vehicles outright, is also reaping dividends. We will continue to invest heavily in our business to ensure that we continue to meet evolving business needs.”