The FN50 is an annual rating published by Fleet News highlighting the top UK contract hire and leasing companies in the UK.

FCA FS, which provides personal and business contract hire and related services for Fiat, Alfa Romeo, Jeep, Abarth, Fiat Professional and Maserati customers, moved into the higher half of the important FN50 listing with a placing of 24 – up from last year’s position of 31.

The rise also signified that FCA FS is the fastest growing leasing company, in percentage terms, in the UK for 2016. Its 2,569-unit increase represented a 53.4 per cent leap.

Almost all the growth came from cars, which rose from 4,386 to 6,902, underpinned by Fiat’s increase in fleet registrations over the past 12 months – up almost 81 per cent to end user fleets (7,108 units) as registrations to leasing companies reduced slightly by 9 per cent (453 units).

“This great success has been achieved through the hard work of a very dedicated team,” says Alex Hughes, managing director, FCA Automotive Services. “We have the right structure, sales presence, marketing and support to drive this business across the UK.”

“Providing highly competitive terms across our award winning range of cars and commercial vehicles, we can put strong offers in place on PCH, connecting at dealer level, to make the most of a dynamic and growing contract hire market this year,” adds Franck Gaillard, contract hire and fleet director FCA Automotive Services. “I am delighted with our team’s deserved success.”