GAC-Sofinco Auto Finance
GAC-Sofinco Auto Finance, founded in 2010 and based in Guangzhou (China), is a 50/50 joint venture between Crédit Agricole Personal Finance & Mobility and Guangzhou Automobile Corporation (GAC), China’s 6th vehicle manufacturer. GAC-Sofinco operates throughout China and distributes products and services to the GAC-Honda, GAC-Toyota, GAC-Aion, GAC Motor and GAC Hyptech networks, covering more than 2,000 dealers.
Figures at end-2024
China
location
€7.9 billion
of assets under management
567
employees
+ 800,000
customers
Shareholding structure
- 50% Crédit Agricole Personal Finance & Mobility
- 50% Guangzhou Automobile Corporation
GAC-Sofinco Auto Finance operates throughout China without any local branches with 450 employees (advisor, finance officers, etc.).
