Leasys UK, the contract hire company of Fiat Chrysler Automobiles Bank (FCA Bank), increased its customer fleet to more than 11,000 vehicles following growing demand last year.
Its fleet size rose 33% to 11,358 by the end of 2017, as part of its plan to reach 20,000 vehicles by 2020.
Leasys UK deliveries were up 14% to 5,139 vehicles during the year.
Roberto Bellavia, head of Leasys UK, said: “Growth is on track and we are confident that we can achieve our strategic plans with the support of dealer-partners to grow the fleet size to 20,000 within the given time period.”
Leasys UK was established in 1996 and is part of a pan-European network that currently manages a fleet of more than 150,000 cars and commercial vehicles.
FCA Bank is an equally-held joint venture between FCA Italy, part of Fiat Chrysler Automobiles, and consumer credit specialist Crédit Agricole Consumer Finance.
FCA Bank’s credit portfolio was nearly €23 billion for the year to the end of June 2017.
