Kwik Fit Wins Record Six-Year Contract With Lex Autolease
Kwik Fit | Monday 10th February 2020 9:17am
- Kwik Fit announces agreement with the country's biggest vehicle contract hire and leasing provider
- Agreement represents the largest deal that Kwik Fit has ever secured with a hire and leasing company
- Kwik Fit will provide over one million tyres over the lifetime of the contract
Kwik Fit, the UK’s largest automotive maintenance and repair company, has announced the agreement of a major deal with Lex Autolease, the country’s biggest vehicle contract hire and leasing provider.
The six-year agreement, covering tyre and associated services, is the largest deal by value and forecast tyre volume which Kwik Fit has ever secured with a major contract hire and leasing company.
The milestone agreement will see Lex Autolease, which operates a fleet of almost 360,000 company cars and vans, buy well in excess of one million tyres during the lifetime of the contract. The deal covers both fitment carried out in Kwik Fit’s nationwide network of more than 600 centres and also by its 200-strong Mobile fleet.
The multi-million pound contract is one of the most valuable deals of its type in the history of the fleet industry and also includes undertaking vehicle servicing and MoTs - Kwik Fit already completes 50% of required MoTs on the Lex Autolease fleet.
Having gone live on January 1, the agreement will extend to almost 30 years the sole-supply arrangement between the two organisations, on top of an initial relationship that began in the 1980s.
The contract won following a rigorous and lengthy competitive tender process, further underpins Lex Autolease’s policy of building long-term, robust partnerships with key suppliers. Two years ago Kwik Fit was named Fleet Service Provider of the Year by Lex Autolease at its annual Supplier Conference.
Kwik Fit GB fleet sales director Andy Fern said: “Kwik Fit and Lex Autolease have a business relationship that stretches back to the days when the fleet industry was in its infancy. Both companies have expanded together to be number one in their respective sectors.
“The new six-year contract awarded by Lex Autolease is a massive show of commitment in the industry-leading processes, systems and services Kwik Fit delivers that further enhance customer service levels, while simultaneously controlling fleet costs.
“We believe the new contract with Lex Autolease, which will run to the end of 2025, is one of the largest and most significant tyre and mechanical services deals in the history of the UK fleet industry and is reflective of an open and honest business relationship.”
Lex Autolease commercial director Andy Hartley said: “Contracts like this can only be won by supply partners who truly understand the requirements of their customers. This is supported by the fact that the Kwik Fit team spend many hours with Lex Autolease employees at all levels of our business to gain detailed insight into not only our demands but those of our end-user fleet customers.”
Mr Fern concluded: “Kwik Fit is always looking to innovate and bring new solutions to the table. We look forward to continuing to work with Lex Autolease to further advance the service experience for their fleet customers.”
The Kwik Fit Group is the largest independent automotive parts, repair and replacement specialist in Europe and one of the largest in the world.
Kwik Fit has national UK coverage of more than 600 service centres and 200 mobile tyre fitting vehicles, making it the UK’s leading tyre, exhaust, brake and MoT specialist.
The Group, which includes Kwik Fit Netherlands, as well as the UK operation, was established in 1971 and is now owned by the Japanese Itochu Corporation.
Kwik Fit Fleet is a major supplier to many of the country’s leading contract hire and leasing companies and outright purchase fleets.
The fast-fit company’s status as the corporate sector’s number one supplier for its comprehensive one-stop shop of fast-fit services is underlined by the fact that it has won more than 80 industry and customer awards in its 33-year history.