Trowbridge financial services firm Hitachi Capital Vehicle Solutions has confirmed its status as one of the UK’s leading providers of vehicle leasing and fleet management services, after being named Leasing Company of the Year at the annual Fleet News awards.

The company was also recognised as highly commended in the Fleet Supplier of the Year category.

Now in their 31st year, the prestigious Fleet News Awards, which this year took place at the Grosvenor Hotel in London, are a major event in the fleet industry calendar, celebrating the best in class across manufacturers, suppliers and decision-makers.

Hitachi Capital Vehicle Solutions was recognised for putting customers at the heart of its innovation, having unveiled two products that react and serve changing customer demand.

These are the Essential Business-user Mileage Scheme which protects employers and employees from rising costs associated with company cars by identifying alternative, tax efficient ownership options.

The second product is CarSelect which creates personalised microsite for fleet customers seeking employee car schemes providing funding options and associated cost illustrations.

Jon Lawes, Managing Director at Hitachi Capital Vehicle Solutions said: “We always strive to offer innovative solutions for our customers that make the leasing and fleet management process as easy and cost effective as possible.

“At a time when the industry is going through unprecedented technological and legislative driven change, our recently launched Essential Business-user Mileage Scheme and CarSelect products underline our commitment to smoothly navigate fleet and individual drivers through the challenges they face.

“Testament to our vehicle leasing solutions expertise and track record as a leading fleet funding and management provider, we are honoured to receive this award.”

Hitachi Capital Vehicle Solutions has a fleet size of over 67,000 vehicles ranging from cars, small, medium and large vans to HGVs, with a combined asset value of more than £880m. The business provides all forms of funding, maintenance, accident and rental management.