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Nexus scores record rentals in H1

Nexus Vehicle Rental processed a record number of bookings in the first half of 2018, with the firm crediting the rise to innovation in technology and investment in people.

David Brennan, CEO, Nexus Vehicle Rental

David Brennan, CEO, Nexus Vehicle Rental

The total number of bookings for the first six months of this year was 99,334 – up 35% on the figure of 73,471 for the first half of 2017.

On a single day in June, Nexus had a record 11,200 vehicles out on rent, representing a 58% increase on the 7,100 reported at the same time in 2017.

The firm said its online rental booking and management software, which brings access to more than 550,000 vehicles across 2,000 locations, had contributed to Nexus’ success, with the company winning 95 new clients in 2018 to date.

David Brennan, CEO of Nexus Vehicle Rental, said: “Our business model allows us to cater for the shift in consumer behaviour – from ownership to usership – in these uncertain times, and our unrivalled supply chain has allowed us to keep the country moving through difficult weather conditions.”

The first half of year has also seen the number of company employees rise 12% from 113 to 126, providing additional account management services for customers. Nexus is also finalising plans to extend its office space into an additional building at its Leeds headquarters.

Brennan continued: “We will continue to respond to changing market demands and consumption habits in this evolving space and are fully committed to developing the very best technology and customer service.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.