PHH Vehicle Management has won contracts for the supply and management of more than 1,000 vehicles for McDonalds and the National Blood Service. Under the contract with the fast food chain PHH will provide 700 vehicles on a purchase leaseback agreement and manage a further 150 vehicles for acquisition and disposal.
The contract is an extension to the services already provided by PHH to McDonalds' 1,000-strong fleet. The remaining 150 vehicles on McDonalds' fleet will go on to contract hire with PHH. The entire fleet is user-chooser and multi-badged. The National Blood Service deal will see PHH supply and manage a fleet of 300 commercial vehicles.
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