Caparo hands over fleet duties to CLM
CLM will handle the UK fleet of family-owned industrial business Caparo in a bid to reduce acquisition costs and improve customer service levels.
The fleet management specialists will oversee and handle all aspects of Caparo’s 160-strong fleet which is used mainly by sales personnel and managers.
A carbon cap of 160g/km has been introduced for cars in all but one of Caparo’s five job grades as part of the switch which will also see more than 100 vehicles replaced in forthcoming months. It is believed that Caparo drivers are relatively keen on lower CO2 diesel vehicles namely the VW Passat and Audi A4.
Tony Hulatt, Managing Director of CLM, seemed rather chuffed at the development: “We are delighted to have been awarded this outsource contract by Caparo, a company we greatly admire for its drive, business acumen and strong family values.
“We look forward to forging a long and mutually rewarding business relationship, and will seek to generate efficiencies and cost savings across Caparo’s UK fleet as a fundamental part of our outsource agreement.”
The switch is expected to spell lower benefit-in-kind taxation liabilities and national insurance contributions for Caparo employees.
CLM will be maintain Caparo’s company cars, switching from a fixed price maintenance cost to a pay-as-you-go approach; an method that has shaved more than 8% from maintenance costs for previous clients.
The fleet management specialists will also be responsible for managing mileage of the vehicles, which have mileage limits tailored to the actual mileage of the drivers and all contract mileages pooled.
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