Magnet has extended its 650-vehicle contract hire contract with the Leasedrive Velo Group for a further 12 months.

The contract covers both company cars and vans sourced under the Ford family badge and 25 user-chooser drivers.

Roddy Graham, commercial director at the Leasedrive Velo Group, said: "The new contract is fully managed and covers everything from driver licence checking to short-term rental provision."