UK car services firm RAC says jv wins $1.8 bln deal

Newswire

LONDON, Dec 29 (Reuters) - British motoring services firm RAC Plc said on Monday its joint venture with UK bank HBOS had been awarded a seven-year contract with expected revenues of one billion pounds ($1.77 billion). Under the deal with Ford Financial the joint venture -- Lex Vehicle Leasing -- will provide outsourced contract hire services to Business Partner, the contract hire arm of Ford Financial.

Premium Content (PAID Subscription Required)

"UK car services firm RAC says jv wins $1.8 bln deal" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×