Lex achieves 2% vehicle fleet growth in first half of 2015
31 July 2015
Author: Daniel Puddicombe
Lex Autolease, the UK's largest leasing company, achieved fleet growth of 6500 vehicles equating to 2% growth during the first half of 2015, the firm's first half-year results has revealed.
The 6500 vehicle growth represents a year-on-year rise of 6%.
Lex said it delivered 37,500 cars and 10,500 commercial vehicles during the first half of this year. It also added 8000 new customers during the same period.
In the first six months of 2015, operating lease assets increased by 3% to £3.2 billion.
"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," said Tim Porter, managing director of Lex Autolease. "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," he continued. "We will continue to invest heavily in our business to ensure that we continue to meet evolving business needs."