LEX AUTOLEASE, UK’s largest fleet management company and part of Lloyds Banking Group, has announced further gains in total fleet and customer assets. Through 2015, the funded fleet increased to over 317,000 vehicles, a year-on-year rise of 20,000 vehicles. Total customer assets grew 13 per cent to £3.8bn.

The continued Lex Autolease growth has been supported by investment in new products and initiatives to improve service flexibility for customers, says the company. Lex Autolease has also extended capabilities in the commercial vehicle sector which has been positively received by its large corporate customers.

Tim Porter, managing director commented on the Lex Autolease growth, saying:

“Our focus continues to be on delivering market leading customer satisfaction for our all customers. We have set ourselves demanding growth targets over 5 years to 2017 and this year’s results confirm we are well on our way to meet these.

“Continued support and innovation for SME customers is a key part of this and we will also be investing further in our digital capability in 2016.”