Fleet’s agreement with Northgate for LCV leasing

Fleets agreement with Northgate for LCV leasingLeasePlan 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 LeasePlans customers, through its FlexiVan rental product.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 LeasePlans 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.FlexiVan allows customers to hire vans ranging in size from car-derived vans through to panel vans, Lutons and specialist units, according to Northgate