Crédit Agricole Consumer Finance has affirmed its strategic ambition to develop car financing and encourage new forms of mobility, in line with the Crédit Agricole Group's plan. In this context, CA Consumer Finance is investing €100 million in Cosmobilis, the holding company of ByMyCAR, the leading French car distribution group in Europe, which is expanding into new forms of mobility. At the same time, the two partners are entering into exclusive negotiations to create a pan-European joint venture for their automotive financing activities.

• Crédit Agricole Consumer Finance and Stellantis plan to create a European leader in operational car leasing

• Crédit Agricole Consumer Finance considers launching a new car financing, leasing and mobility company in Europe

François Edouard Drion will join Crédit Agricole Consumer Finance on 1 January 2022 as Managing Director and Chief Executive Officer of Agos, the group's subsidiary in Italy. He succeeds Dominique Pasquier who has retired.