Santander
has begun a new company car scheme in the UK, run by
Zenith.

The scheme is available to 750 UK
employees, who cover more than 8,000 miles a year on business for
the Spanish bank.  The fleet includes models from BMW, Mini,
and Audi.

Some employees can opt out of the scheme and
into a new salary-sacrifice car scheme, also run by Zenith, a fleet
management and leasing company.

Zenith, which is 60% owned by Morgan
Stanley Private Equity,  was previously known as Zenith
Provecta until it re-branded in September.
It manages a fleet of around 33,000 vehicles in the UK.