- 2024/07/10
- 3 min
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The Chinese automobile manufacturer BYD chooses CA Auto Bank for its development in Europe
To consolidate its position in Europe, BYD will be able to rely on its vast network of dealers which is based on distribution agreements with the main players in the market, such as Astara Retail, Icamotor, Quadis and Caetano. CA Auto Bank will collaborate with this network to offer a complete range of financing solutions aimed at both end customers and the Chinese brand's dealer network. The partnership agreement, initially active in Spain and Italy. It covers all models in the BYD range marketed in these countries.
The development ambitions of CA Auto Bank and BYD are reflected in the commercial launch offers: a low interest rate, affordable monthly payments but also flexible financing solutions to allow the customer to choose, at the end of the contract , to keep the vehicle, return it or replace it with another model from the range. CA Auto Bank’s digital and multi-channel orientation is a major asset in making the BYD customer experience unique.
The partnership will also concern Drivalia, since the models in the BYD range will join Carcloud, the monthly automobile subscription service, available for individuals, professionals and businesses and which already has more than 40,000 users.
