Hitachi Capital Vehicle Solutions has
completed a deal for the sale and leaseback of 1,050 cars to
A&N Media, the consumer division of Daily Mail & General
Trust (DMGT).

The management of the Associated Newspaper and
Northcliffe Media fleets have been formalised by the deal, placing
all the Northcliffe vehicles under an external lease arrangement in
accordance with the group fleet policy.

The deal also provides A&N Media with a
facility to manage the fleet using a centralised function.

Hitachi Capital will administer the routine
maintenance on the leased vehicles and will be using a rolling
monthly contract hire agreement on the vehicles.