LeasePlan-Northgate deal
LeasePlan UK and Northgate Vehicle Hire have signed a contract
under the terms of which Northgate will provide medium-term leasing
and spot hire of light commercial vehicles (LCVs) to LeasePlan’s
customers through its FlexiVan rental product.
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The contract renews an existing agreement which has run for the
past 20 months, and sees LeasePlan and Northgate extending their
partnership until the end of 2009.
Just over a quarter (34,000 units) of LeasePlan’s 130,000-
strong fleet is made up of commercial vehicles, which the lessor
sees as a “major business opportunity” in the context of a slowing
economy.
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