Spanish Correos To Invest 14.2 Mln Euro To Renew Fleet
Spanish state-run postal services provider Correos plans to invest 14.2 mln euro (USD 18.2 mln) to buy 1,945 new vehicles in order to renew and increase its fleet, the company said on August 2, 2006.
Of the total, 1.9 mln euro (USD 2.4 mln) will be allocated for 28 trucks of Italian carmaker Iveco and French Renault with a capacity to transport 12 to 14 tonnes. Correos will also buy 320 delivery vans, transporting between 900 kg and 1.2 tonnes, and 315 vans with up to 600 kg cargo capacity.
The company will purchase 1,225 motorcycles of Italian motorcycle manufacturer Piaggio-Vespa-Gilera as well.
Correos targets to renew by 16 pct its total fleet, consisting of some 12,000 vehicles. After the acquisitions, they will be used for an average of less than six years.
