GAC-Sofinco
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.
Figures at end-2023
China
location
€9.7 billion
of assets under management
590
employees
More than 966,000
customers
Shareholding structure
- 50% Crédit Agricole Consumer Finance
- 50% Guangzhou Automobile Corporation
GAC-Sofinco operates throughout China without any local branches with 450 employees (advisor, finance officers, etc.).
