GAC-Sofinco, founded in 2010 and based in Guangzhou (China), is a 50/50 joint venture between Crédit Agricole Consumer Finance and Guangzhou Automobile Corporation (GAC), China’s 6th vehicle manufacturer. GAC-Sofinco operates throughout China and distributes products and services to the GAC-Honda, GAC-Acura, GAC-Toyota, GAC-FCA, GAC-Mitsubishi, and GAC Motor networks, serving more than 2,000 dealers.
Located in China
- 50% Crédit Agricole Consumer Finance
- 50% Guangzhou Automobile Corporation
Figures at end-2019
of assets under management
More than 850,000
GAC-Sofinco operates throughout China without any local branches with 450 employees (advisor, finance officers, etc.).