Budget UK has chosen Volkswagen Commercial Vehicles as its sole light commercial vehicle supplier for a new van rental service in London.

The service will comprise 100 Volkswagen Transporters and will cater for businesses and consumers.

As part of Budget's wider fleet restructure, Volkswagen Commercial Vehicles will supply a further 300 Transporters and 100 Caddys to bolster its national rental fleet.

Budget UK selected Volkswagen Commercial Vehicles as its preferred partner due to the brand’s strong residual values and desirability.

Mark Servodidio, managing director, Northern Europe, at Avis Budget Group, said: “We’re confident the new service, which will offer small and medium businesses across the capital a truly flexible and cost-efficient alternative to a permanent fleet of vehicle, will further strengthen our position as a partner to London’s businesses using Volkswagen Commercial Vehicles.”