IAA Mobility Munich 2023: Crédit Agricole Consumer Finance will participate in the fair with its subsidiaries Crédit Agricole Auto Bank, Drivalia and Creditplus

· Crédit Agricole Consumer Finance reaffirms its ambition to be the leader in green mobility in Europe with its participation in the IAA Mobility exhibition in Munich, from 5 to 8 September, on a large stand of 360 m2 (Hall B3, No. C21).
· The Group will present its business model as a provider of access to all mobility solutions: credit, captive for manufacturers and distributors, long-term rentals, short and medium-term rentals, subscriptions, car sharing, charging stations.
· Its stand will host Creditplus, a consumer credit specialist in Germany and an expert in car financing in this market; · Auto Bank, an independent pan-European and multi-brand leader in vehicle financing and leasing; and Drivalia, the mobility company of the group · Auto Bank which, given the upcoming opening of its German branch, will present all its leasing, leasing and mobility products.

Together for the future of green mobility: Crédit Agricole Consumer Finance and its subsidiaries announce their participation in the 2023 edition of the IAA Mobility in Munich, one of the world’s leading car shows. After the success of the first edition (more than 400,000 visitors in 2021), the Group will be present in Munich, from 5 to 8 September, to present the future of mobility.

Auto Bank, Drivalia and Creditplus will work alongside Consumer Finance to jointly affirm the Group’s ambition to be the leader in green mobility in Europe, establishing itself as the main player capable of responding to the changing mobility landscape and the challenges of the energy transition. All these subsidiaries, grouped under the label 
“Mobility”, will be present on a large stand of 360 m2 in Hall B3 (No. C21).

Participation in this event marks Crédit Agricole Group’s commitment to meet all its customers’ mobility needs, through a full range of mobility solutions, from financing to leasing, with a view to sustainable development. Consumer Finance aims to finance half of new green vehicles (electric or hybrid) by 2025 and reduce the carbon footprint of its car financing by 50% by 2030.

Auto Bank, the result of the 100% acquisition of FCA Bank by Consumer Finance, will participate in the event alongside Drivalia, its mobility company, which will soon open a branch in Germany. Together, they will showcase their financial services and mobility solutions, designed to make access to zero- and low-emission vehicles increasingly democratic and affordable for all. By 2030, the bank has set a target of dedicating 80% of its new vehicle portfolio to electric or hybrid models. 

Creditplus’s ambition is to make a significant contribution to the ecological and social transformation of the German economy and to support the expansion of electric mobility. The bank is thus expanding its product range with tailor-made car financing and is also distinguished by its captive and non-captive expertise (1st place at the AUTOHAUS BankenMonitor 2022 in the “Non-Captive” category), as well as its know-how in the fields of credit and leasing. As part of its Go-Green initiative, Creditplus offers sustainable financing solutions to support its partners and help them reduce the environmental footprint of their activities.

“Our presence in Munich reaffirms our ambition to become a leader in green mobility in Europe. Banks play a crucial role in the transition to electric and hybrid vehicles, ensuring accessibility for as many people as possible. We are responding to these challenges with the transformation of Crédit Agricole Consumer Finance, which relies on several international pillars, including Auto Bank, and in our local markets. This enables us to cover the entire green mobility value chain in 19 countries,” said Stéphane Priami, Managing Director of Consumer Finance.”

About Crédit Agricole Consumer Finance
Crédit Agricole Consumer Finance, a subsidiary of the Crédit Agricole Group, specialises in retail finance and provides access to all mobility solutions in Europe. It distributes a wide range of financing solutions – depreciable credit, revolving credit, leasing and credit buyback – directly at its partners’ point of sale or e-commerce platforms, with associated services including insurance, split payment solutions and mobility services, with the aim of meeting the challenges of energy transition in mobility, housing and consumption. Its financing solutions and services are offered in France via Sofinco, in Italy via Agos, in Germany via Creditplus, in Portugal via Credibom, in Spain via Sofinco Espana, in Morocco via Wafasalaf, and in China via GAC-Sofinco (car financing only). Crédit Agricole Consumer Finance aims to be the leader in green mobility in Europe and offers a continuum of all mobility solutions in the 19 countries where it operates (leasing, medium and short-term leasing, subscription, car sharing, charging station installation, etc.). It relies on the JV with Stellantis, the 100% integration of {tilde over (X)} Auto Bank and Drivalia and the development of automotive financing in its historic markets in Europe and in the Crédit Agricole Regional Banks and at LCL via Agilauto. Consumer Finance acts every day in the interest of its 16.7 million customers and the company. As at December 31, 2022, 
€103.1 billion in outstanding loans.
For more information: www.ca-consumerfinance.com

Press contact Crédit Agricole Consumer Finance: 
Claire Garcia – +33 (0)6 80 41 17 77 – +33 (0)1 87 38 11 81 – presse@ca-cf.fr 

About Auto Bank S.p.A.
Auto Bank is a universal bank, 100% owned by Crédit Agricole Consumer Finance, which operates as an independent and multi-brand player in the financing and long-term rental of vehicles and in the mobility sector. Auto Bank offers a full range of credit and rental solutions and insurance services. The credit, leasing and finance leasing and mobility products offered by the Auto Bank are specifically designed for sales networks, individuals and corporate fleets. Auto Bank is present in 17 European countries (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Norway, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom) and in Morocco, directly or through branches, with a total of more than 1,900 employees.
Through Drivalia, the Group’s rental and mobility company, the bank offers a full range of mobility solutions, from electric car sharing to innovative car subscriptions and rentals for all durations. Drivalia addresses mobility in all its facets by proposing innovative mobility plans that combine flexibility, digital use, demand-driven approach and sustainability. In June 2019, the company launched the Mobility Stores, a physical point of sale where customers can access all the company’s mobility services. With the opening of the first fully electrified Mobility Store at Torino Caselle Airport in 2020, followed by many others, Drivalia has become a key operator also in the field of sustainable mobility. Thanks to the more than 1,600 charging stations installed in all the Stores, Drivalia has the largest private electrified network in Italy. In 2023, the electrification project will also continue in the European countries in which Drivalia operates.
For more information:
www.ca-autobank.com 
www.drivalia.com 

Press contact CA Auto Bank :
Giovanni Santonastaso – giovanni.santonastaso@ca-autobank.com
 

About Creditplus Bank AG
Creditplus Bank AG is a consumer credit bank highly specialised in the areas of sales finance, direct business, partner banks and dealer finance. The Stuttgart-based credit institution has 20 branches and more than 700 employees across the country. Among other things, Creditplus Bank offers tailor-made loans for car financing. As an automotive bank, Creditplus Bank is a successful and ideally positioned partner for dealer financing. In the latest survey conducted by AUTOHAUS online and the market research institute PULS, the bank won first place in the category “Independent automotive banks”. In addition, Creditplus Bank cooperates with numerous dealers in the four-wheel and two-wheel segment and is a financial partner for the main online platforms of the automotive sector in Germany. The bank has a multi-channel system that connects branch distribution channels, the Internet, sales financing, merchant financing and the partner bank.
For more information:www.creditplus.de   

Contact Creditplus :
Emel Aygün – (069) 17 08 – 73 61 – presse@creditplus.de