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0Press review
Crédit Agricole Consumer Finance and Opteven announce the creation of a joint venture to offer bank customers a European warranty extension and maintenance contract offer
• Crédit Agricole Consumer Finance and Opteven, an expert in guarantees and services adapted to mobility, agreed on a draft strategic agreement which should be supplemented by the creation of a joint venture owned 50-50 by the two companies.
• This new company would allow CA Consumer Finance to offer a warranty extension and maintenance contract offer, developed by Opteven, to its individual and professional customers in Europe.
• After the birth of the Leasys joint venture with Stellantis, the 100% acquisition of CA Auto Bank and Drivalia, the development of automotive services constitutes the third pillar of
CA Consumer Finance's automotive strategy to become a European leader in green mobility.
• CA Consumer Finance wishes, by 2026, to offer more than 20 automotive services to its various customers via all the group's European.Consult the press release
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0Press review
Crédit Agricole Consumer Finance enters the capital of Hiflow with the ambition to strengthen its offering and accelerate internationally
As part of the IAA Mobility in Munich 2023, Hiflow and Crédit Agricole Consumer Finance announce the acquisition of a stake by Crédit Agricole Consumer Finance in the capital of Hiflow. The subsidiary of the Crédit Agricole group thus becomes the majority shareholder of the leader in single vehicle delivery to strengthen the offer and accelerate the development of Hiflow in 10 countries by 2026. This merger is also strategic for CA Consumer Finance, which at the same time announces the creation of a European automotive services hub, a new pillar of its automotive and mobility strategy: Crédit Agricole Mobility Services. It aims to offer more than 20 services dedicated to mobility by 2026. Hiflow will operate the Deliveries service, relying on its unique technology. In a rapidly changing automobile market, where the end user will become more and more central, local services at home are becoming essentials.Consult the press release
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0Press review
Crédit Agricole Mobility Services: 3rd strategic pillar of Crédit Agricole Consumer Finance to become European leader in green mobility
• After the creation of a complete leasing offer via Leasys, a pan-European leader in long-term rental co-owned 50-50 with Stellantis, the expansion of our geographic footprint with the 100% acquisition of CA Auto Bank and its subsidiary Drivalia to make it a pan-European leader in automobile financing, rental and mobility, CA Consumer Finance is developing an ambitious service offering that it will distribute under the Crédit Agricole Mobility Services brand. This new strategic pillar constitutes a powerful development lever.
• By 2026, more than 20 automotive services will be offered to all customers and distributed by all the Group's European entities.
• Crédit Agricole Consumer Finance has agreed with Opteven on a draft strategic agreement to distribute to all its customers a European extended Warranty and Maintenance contract offer.
• Crédit Agricole Consumer Finance announces an acquisition of a stake in the capital of Hiflow, leader in the delivery of single vehicles, and becomes a majority shareholder.
• Crédit Agricole Consumer Finance will inaugurate, on September 12, 2023 in Fayence (South-East of France), Agilauto Partage, a vehicle sharing solution, first launched in rural areas for individuals, and which will also be offered in businesses.Consult the press release
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0Press review
Crédit Agricole Consumer Finance finalizes, with Stellantis, the acquisition of ALD and LeasePlan activities in six European countries and accelerate Credit Agricole Auto Bank and Leasys development
• Crédit Agricole Consumer Finance finalizes with Stellantis the acquisition of ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg.
• This acquisition constitutes an immediate acceleration of the two groups’ ambitions in mobility and vehicle long-term leasing.Consult the press release
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1Press review
IAA Mobility 2023: Crédit Agricole Consumer Finance will attend the trade fair with its subsidiaries Crédit Agricole Auto Bank, Drivalia and Creditplus
- Crédit Agricole Consumer Finance’s ambition to be the leader in green mobility in Europe will be reaffirmed at the Munich trade fair, from September 5 to 8, in a large 360 m2 stand (Hall B3, no. C21).
- The Group will present its business model as a provider of access to all mobility solutions: credit, manufacturers’ and distributors’ captive, LTR, short term rental, subscriptions, car sharing, charging stations.
- Its stand will host Creditplus, specialist in consumer credit in Germany and expert in automotive financing on this market; CA Auto Bank, an independent and multi-brand pan-European leader in the financing and leasing of vehicles; and Drivalia, the mobility company of the CA Auto Bank group that, given the upcoming opening of its German branch, will display the full range of its leasing, rental and mobility products.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
Automotive and mobility
This news channel is dedicated to trends in the automotive sector in France and worldwide, as well as its impacts on consumer credit, whether it concerns ownership or long term rental.
