CA Autobank financial partner of importer Dogde, Cadillac and Chevrolet

CA Autobank and AEC Group, importer of Dodge, Ram, Cadillac, Chevrolet and GMC, announce a partnership agreement. The new bank, together with the sole shareholder of Crédit Agricole Consumer Finance, provides financial services to the AEC for the Benelux, Denmark and Italy markets. The company reports this in a press release. The partnership currently includes 150 AEC dealers and end customers.

The agreement between CA Autobank and AEC covers all Dodge and Ram brand models that are sold by AEC. These include the Dodge Charger, Challenger, Durango and Ram 1500. The partnership also includes combustion engine vehicles from GM brands. This includes high-end models such as the Cadillac Escalade, XT6, Camaro, Chevrolet Silverado, Tahoe, Suburban, and GMC Sierra.

The partnership includes insurance and leasing plans through Drivilia, CA Autobank Group’s mobility company, which provides services in the areas of short- and long-term car rental, car registration, car sharing and on-demand mobility.

Goal

“Our bank continues to expand its range of important partners,” says Giacomo Carelli, CEO of CA Autobank. This bank is owned by the French banking group Crédit Agricole Consumer Finance, which itself is part of Crédit Agricole SA, and the concept of the banking group by Stellantis.

AC Autobank aims to reach a financing target of 10 billion euros by 2026 and have a portfolio consisting of 80 percent zero-emission vehicles.