CA Consumer Finance has reached the milestone of 1 million vehicles financed in Europe since the beginning of 2023
Crédit Agricole Consumer Finance has just crossed the milestone of 1 million vehicles financed in Europe since the beginning of 2023. This step supports the Group’s ambition to become a leader in green mobility in Europe by 2025.
Crédit Agricole Consumer Finance announces the financing of its millionth vehicle in Europe since the beginning of 2023. This figure confirms Consumer Finance’s momentum in the mobility market.
The one millionth vehicle, a Model Y from Tesla, a manufacturer of which – CA Consumer Finance is a partner in 10 countries in Europe, was financed by – Auto Bank France under a lease with purchase option (LOA). It will be delivered by Hiflow, a subsidiary of CA Consumer Finance specializing in single-vehicle delivery, and the vehicle owner is offered, in partnership with Opteven, a 48-month / 80,000 km maintenance contract that will cover the total duration of the LOA.
Now present in 19 countries in Europe, Crédit Agricole Consumer Finance relies on the mobility continuum it has built to support new uses and consumption patterns in mobility.
The bank’s strategic operations in 2023 – the creation of Leasys, a 50-50 joint venture with Stellantis and LLD specialist, the acquisition of Crédit Agricole Auto Bank (formerly FCA Bank) and Drivalia, a pan-European leader in car finance, leasing and mobility, the acquisition of ALD’s and Lease Plan’s activities in 6 European countries, the launch of Mobility Services –Coupled with the expertise of its historical subsidiaries (Sofinco, Sofinco Spain, Credibom, Creditplus and Agos), it offers a wide range of financing and service solutions: depreciable credit, leasing, rental for all periods, subscription, car sharing, deliveries, insurance and assistance, etc.
This millionth vehicle funded demonstrates the effectiveness of our model. It allows us to respond to changes in the automotive market, encourage the energy transition of the particular car fleet as a professional and support the development challenges of our partners manufacturers, distributors or importers throughout Europe.
Crédit Agricole Consumer Finance press service
Claire Garcia – presse@ca-cf.fr