DAF Trucks supports ex-TOM Vehicle Rental operators

DAF Trucks has offered funding and aftersales support to all DAF operators affected by the collapse of TOM Vehicle Rental.

The company’s in-house finance division PACCAR Financial contacted the 100 businesses with rental agreements from TOM within a week of it entering administration.

“We won’t leave any financially-stranded DAF operator high and dry,” said Paul Young (pictured), regional asset manager, PACCAR Financial, “this is an extremely unfortunate situation for many operators, and we were quick to respond to their concerns. Regardless of fleet make-up, we want any DAF operators affected by situation at TOM Vehicle Rental to know that DAF Trucks and PACCAR Financial will help keep their DAF vehicles on the road and earning money – that’s the DAF Difference.”

PACCAR Financial has extended the same level of support to all DAF operators affected by TOM Vehicle Rental’s collapse, regardless of fleet size.

TOM Group – parent company of TOM Vehicle Rental and Caledonian Truck & Van - went into administration following challenging trading conditions in March.

The commercial vehicle hire, sales and services business, employed 428 people and operated a fleet of more than 16,000 commercial vehicles, including vans, trucks, trailers and cars from 15 depots nationwide.