- 5 min
FCA Bank, through its subsidiary Leasys, finalizes the acquisition of the AIXIA Group in France
- The AIXIA Group is one of the most dynamic short-term rental companies in France.
- Leasys, FCA Bank’s subsidiary with operations in 8 European countries, is expanding its activities to include the short-term car rental sector and reach a total fleet of 450,000 vehicles, with over 1,200 Leasys Mobility Stores in the continent.
Turin, 28th February 2020
FCA Bank’s subsidiary Leasys confirms its ambitions to operate as a 360-degree mobility pioneer in Europe and reaches a new and important milestone with the acquisition of the AIXIA Group in France.
The two groups finalized an agreement for the sale of 100% of the shares in the AIXIA Group to Leasys, which will be completed by the end of March.
The AIXIA Group is one of the most dynamic companies in the short-term rental sector in France with its two brands: RENT&DROP, for the one-way rental of commercial vehicles, and RENTIZ, for the short-term rental of premium segments, minibuses and microcars. The mobility system developed by AIXIA allows companies, professionals and private customers to manage all the aspects related to their short-term rentals, including online reservations and payments.
With the acquisition and the upcoming rebranding of the AIXIA Group, FCA Bank further expands its activities in the new mobility arena through Leasys – a market leader in Italy and one of the main rental and mobility operators in Europe – confirming its major role as a 360-degree mobility player also in France.
Leasys aims to consolidate its presence in the country (where it is already ranked in the Top 10 of the rental providers) and to expand its range of innovative products.
Active in France since June 2017, Leasys France (FCA Bank Group) has benefited from a twenty-year experience in long-term rental gained by FCA Fleet Services, its predecessor company. This debut was marked by the launch in the French market of BE FREE PRO, the innovative solution that disrupted mobility for the self-employed, through the creation of a complete offering at extremely competitive prices, without down-payments and most of all without penalties for early termination after 24 months of rental. Under the leadership of Country Manager Denis Vitellaro, Leasys France grew by 10% last year.
Already active in 8 European countries (10 by the end of 2020) in the long-term rental and integrated mobility sector, Leasys, a subsidiary of FCA Bank, also provides short and medium-term car rental services in Italy and, as of today, in France. It intends to be operational in this segment in at least 5 European markets by 2021, with a total fleet of 450,000 vehicles, up from approximately 300,000 now. The company will open 800 new Leasys Mobility Stores by 2021, growing from over 300 already open in Italy to 1,200 throughout Europe. The Leasys Mobility Stores provide a full range of mobility services and an extensive network of EV charging stations to support the electrification of Fiat Chrysler Automobiles’ products.
* Leasys is a subsidiary of FCA Bank S.p.A., a joint venture between FCA Italy S.p.A. (Fiat Chrysler Automobiles) and Crédit Agricole Consumer Finance S.A. (Crédit Agricole)
CA Consumer Finance Press office: +33 (0)1 87 38 15 87 - email@example.com
About Crédit Agricole Consumer Finance
Crédit Agricole Consumer Finance, Crédit Agricole SA's consumer credit subsidiary, distributes a broad range of consumer credit and related services for distribution channels as a whole: direct sales, point-of-sale financing (automotive and home appliances) and partnerships. Present alongside major distribution, specialised distribution and institutional brands in the 19 countries where it operates, CA Consumer Finance offers its partners solutions that are flexible, responsible and ideally suited to their needs and those of their customers. Excellence in customer relationships, empowered teams for customers and commitment to society are the pillars that make CA Consumer Finance a group that works every day in the interest of its customers and society. At 31 December 2019, CA Consumer Finance managed €92 billion in outstanding loans.
Learn more: www.ca-consumerfinance.com
Fiat Chrysler Automobiles (FCA) is a global automaker that designs, engineers, manufactures and sells vehicles in a portfolio of exciting brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells parts and services under the Mopar name and operates in the components and production systems sectors under the Comau and Teksid brands. FCA employs nearly 200,000 people around the globe.
Learn more: www.fcagroup.com
About FCA Bank
FCA Bank S.p.A. is a bank engaging mainly in car finance, with the aim to meet all mobility requirements. It is an equally-held joint venture between FCA Italy S.p.A., a company of the global automotive company Fiat Chrysler Automobiles N.V., and Crédit Agricole Consumer Finance, a leading consumer credit company of the Crédit Agricole group. FCA Bank S.p.A. provides financing products to drive the sales of prestigious car brands in Italy and in Europe. The loan, lease, rental and mobility financing programs provided by FCA Bank S.p.A. are specifically designed for sale networks, private customers and corporate fleets. FCA Bank S.p.A. is operational in 17 European countries and in Morocco, directly or through branches. At 31 December 2019 FCA Bank had a credit portfolio of approximately €32 billion.
Learn more: www.fcabankgroup.com
Leasys SpA is a company founded in September 2001, wholly owned by FCA Bank Group, an equally held joint venture between FCA Italy SpA, and Crédit Agricole Consumer Finance. Leasys offers to private individuals, professionals and companies of all sizes, a complete and innovative range of mobility services, from long-term to short-term rental to peer-to-peer car-sharing through its U Go and I-Link platforms. At the end of 2019, it launched the first car subscription service in Italy with Leasys CarCloud. With the Clickar brand, it is also among the main Italian and European companies in online and offline used corporate car sales to private individuals, self-employed and companies.
Headquartered in Italy, in 2017 Leasys started an internationalization process by opening different offices in Europe. It operates in Spain, France, United Kingdom, Germany, Belgium, The Netherlands, and Poland, managing a fleet of approximately 300,000 vehicles. In June 2019 Leasys inaugurated its Leasys Mobility Stores, physical outlets which are distributed extensively throughout Italy. The stores, where customers can access all the mobility services provided by Leasys, will soon be available also in the other European countries in which the company is operational.
Learn more: www.leasys.com