Fleet Alliance Group, the award-winning Glasgow based vehicle leasing company, is increasing its office space at its Skypark base in line with continued expansion in the business.
Fleet Alliance, which now manages a fleet valued at £1billion following an increase to 37,000 vehicles under management, has taken on an additional 3,324 sq ft on a five-year lease to occupy a total of 9,939 sq ft of office space at Skypark in Glasgow’s fashionable Finnieston district.
The additional offices will be used to house the group’s growing team of technical and customer service staff, as it looks to continue on its impressive growth path.
Martin Brown, managing director at Fleet Alliance, said: “We have been going through a period of rapid expansion in the last 12 months, thanks in no small part to the award of a large fleet management contract by one of the country’s major leasing companies.
“Against a market that has fallen by around 4% this year, we are bucking the trend and expecting to see growth of around 20% by the end of this calendar year. The additional business space at Skypark will provide us with the scope to accommodate this.”
The rapid expansion of the Fleet Alliance Group fleet, which has grown from 25,000 vehicles to 37,000 in less than a year, gives it significant scale in the leasing sector and would place it at number 12 in the FN50 table of leasing companies.
During the same period, the group has arranged funding worth £160 million for around 8,000 new cars in the SME and fleet market. The Fleet Alliance Group – which also comprises Intelligent Car Leasing and Neva Consultants – says it is now starting to see a significant shift towards electric vehicles amongst its customer base.
“The outcome of the Government’s review into the impact of WLTP has been a game-changer, with the introduction of a nil rate of benefit-in-kind tax for cars with zero emissions,” said Martin Brown.
“We are now starting to see significant orders for ULEVs (Ultra Low Emission Vehicles) coming through across the board – for battery electric cars, hybrids and RDE2 diesels. We are also seeing substantial orders for the new Tesla Model 3 which is looking like an affordable car following the changes to the tax regime,” he said.
Growth at Fleet Alliance has been underpinned by strong business and community ethics. Since 2008, it has raised and donated more than £500,000 to local charities such as Maggie’s Centres, The Prince and Princess of Wales Hospice, Celtic FC Foundation and local foodbanks.
Meanwhile, the company has been named as the UK’s top vehicle leasing and fleet management company for customer service in the Experteye Awards in four out of the last five years.
It has just chalked up two further award wins in the 2019 Leasing Broker Federation awards and has also earned the Great Place to Work Accolade, awarded by the Great Place to Work Institute, for seven consecutive years, achieving laureate status as a result.