AutoTrends: CFAO launches LOXEA Nigeria operating lease, fleet management solutions

CFAO Motors, a subsidiary of the CFAO Group, has launched LOXEA Nigeria, offering operating lease and fleet management solutions.

Already present in 22 African countries, the auto company said with LOXEA its customers in the country could now enjoy better access to the CFAO range of products such as Mitsubishi and Suzuki cars, Fuso trucks, King Long buses, Toyota forklifts and JCB construction equipment.

General Manager of LOXEA by CFAO, Mr Philippe Lefort, said, “Partnering with LOXEA will allow companies to enjoy the inherent benefits of the CFAO network, a trusted and reliable organisation that has been providing best-in-class products and services for over 119 years in Nigeria.”

According to the company, LOXEA offers a broad range of services from regular operating leases to comprehensive fleet management and car-sharing through a web portal and mobile applications through its three pillars; LOXEA Lease, LOXEA Connect, and LOXEA Ride.

It stated, “LOXEA Lease provides rental of vehicles or equipment from 36 months to 48 months with full maintenance according to the manufacturer’s prescription, full comprehensive insurance, replacement vehicle (after 48 hours), and geolocation. The fleet management solution provides a fleet manager, Drivers 24/7, fuel card management, fleet analytics, and fleet mobility optimisation.

“Thanks to the LOXEA Connect application, customers can have access to real-time monitoring of fleet usage and behaviour.”

Lefort said, “Our goal is to establish and maintain long-term business relationships by adding value to businesses who outsource their vehicle management by ensuring their fleet is operational 24/7.”