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.
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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.
