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0Press review
Crédit Agricole Consumer Finance announces the birth of Crédit Agricole Auto Bank
• Crédit Agricole Auto Bank is the name of the new entity resulting from the 100% takeover of FCA Bank.
• This new name symbolizes the anchoring of the Crédit Agricole group and demonstrates the desire to accelerate its development in all sectors of mobility. The new entity will serve Crédit Agricole's ambition to become a European leader in green mobility.
• The goal of the new Bank, with the support of CA Consumer Finance, is to become an independent and multi-brand pan-European leader in the financing and leasing of vehicles and in the mobility sector. It aims to achieve €10 billion in oustandings by 2026.Consult the press release
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0Press review
Crédit Agricole Consumer Finance finalizes the creation of a European leader in automotive Long-Term Rental with Stellantis, called Leasys, and announces the 100% takeover of FCA Bank and Drivalia
• Crédit Agricole Consumer Finance finalizes the creation of Leasys, a European leader in automotive Long-Term Rental with Stellantis via a 50-50 joint venture between the two partners.
• Crédit Agricole Consumer Finance also announces the 100% takeover of FCA Bank and Drivalia, to create a pan-European leader in multi-brand automobile financing, independent of any manufacturer and backed by the Crédit Agricole Group.
• These two transactions, announced on December 17, 2021, are in line with CA Consumer Finance's ambition to be a European leader in green mobility.Consult the press release
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2Press review
Crédit Agricole Consumer Finance Plans to Acquire, together with Stellantis, ALD and LeasePlan’s activities in six European countries
Crédit Agricole Consumer Finance today announces that it has signed together with its partner Stellantis a binding agreement for the acquisition of ALD and LeasePlan’s activities in six European countries, following ALD’s proposed acquisition of 100% of LeasePlan announced in January 2022. This announcement constitutes an immediate acceleration of the two groups’ ambitions in mobility and vehicle long-term leasing.Consult the press release
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2Press review
Leasys and Free2move Lease Consolidation: New Top Leadership Announced
• Philippe de Rovira, Stellantis Chief Affiliates Officer, and Stéphane Priami, Crédit Agricole S.A Deputy General Manager in charge of Specialised Financial Services and CEO of Crédit Agricole Consumer Finance, have announced the Top Leadership for the NewCo to be created by the upcoming consolidation of the two leasing companies’ business
• Richard Bouligny, Group Deputy CEO – Automotive and Mobility of Crédit Agricole Consumer Finance, will be the Chairman, and Rolando D’Arco currently Leasys CEO, will be appointed as CEO of the new European player
• Stellantis and Crédit Agricole Consumer Finance will each have 50% shareholding rightsConsult the press release
