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Joint venture sales plan

17th February 1994
Page 10
Page 10, 17th February 1994 — Joint venture sales plan
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Which of the following most accurately describes the problem?

• Independent used truck specialist Chris Hodge Commercial is hoping to set up long-term joint venture deals with large fleet operators to act as a onestop-shop disposal service for their commercial vehicles.

Potential partners include own-account operators, hauliers, contract hire companies and finance houses.

"We wouldn't be like an auction," says Hodge. "We'd be interested in the vehicles from start to finish and rather than deal with individual depots we could handle the total fleet on behalf of the partner, thereby helping them to control residual values on their trucks."

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