CA Auto Finance presents its achievements and announces
further growth in the UK.
CA Auto Finance is the UK subsidiary of the international CA Auto Bank group,
one of the leading independent, multi-brand pan-European players in vehicle
financing, leasing and the mobility sector.
The objective of the Group, wholly owned by Crédit Agricole Consumer Finance,
is to lead the energy transition. By 2030, it intends to have 80% of its new
vehicle portfolio made up of green vehicles.
In the UK, after reaching more than 2,5 billion outstanding in 2023 the goal is to
further increase and develop.
London, UK - February 16, 2024
CA Auto Finance, the UK subsidiary of the international CA Auto Bank Group, has achieved
significant success in 2023 and is poised for further growth in the UK market. As part of the
Crédit Agricole Consumer Finance group's strategy to become a leading independent, multi-
brand player in vehicle financing and leasing, CA Auto Finance is focused on sustainable and
green solutions in the mobility sector.
The company aims to have 80% of its new vehicle portfolio fully electric or hybrid by 2030,
aligning with its commitment to green mobility. With nearly 30 years of experience in the UK
market, CA Auto Finance, formerly FCA Automotive Services, has demonstrated strong market
knowledge and support for brands and dealers. In 2023, it closed with a portfolio exceeding £2.5
billion and plans to expand further by developing its dealer network and establishing new
partnerships with prestigious international brands.
To drive green mobility forward, CA Auto Finance offers a comprehensive range of leasing and
mobility plans through its subsidiary, Drivalia UK. Drivalia serves as a "Mobility Planet," providing
various mobility solutions such as car subscriptions, vehicle rentals of flexible durations, and
operating leases tailored to individual needs. The company plans to work closely with CA Auto
Bank to develop a pan-European financial and mobility offering. In the future, CA Auto Bank and
Drivalia will increasingly work in synergy, to develop a pan-European financial and mobility
complete offering.
Drivalia currently operates over 30 Mobility Stores in major airports and train stations across the
UK, offering individuals access to a wide range of new-mobility solutions. By 2024, Drivalia aims
to expand to 60 stores with over 100 electric charging stations and increase its fleet from 4,500
to over 7,000 vehicles.
"With CA Auto Bank, the Crédit Agricole Group now has an innovative tool to serve all
participants in the mobility market including cars, bikes, leisure vehicles and marine on a
pan-European scale. This comprehensive and operational offering is an essential pillar to
achieve our ambition to become a leader in green mobility in Europe", said Stéphane Priami,
CEO of Crédit Agricole Consumer Finance and Deputy CEO of Crédit Agricole S.A., in charge
of the Specialized Financial Services division.
“We're a new player, looking ahead to the future, but with a great history and significant know-
how behind us: these are the foundations on which we want to build our expansion around
Europe”, said Giacomo Carelli, CEO of CA Auto Bank and Chairman of Drivalia. In the UK, as
well as in other European countries where we are present, CA Auto Bank and Drivalia will be
the driving force behind the popularization of zero- and low-emission vehicles, to contribute to
the growing energy transition in mobility”.
“In a market like the UK, where there’s a good sensitivity around green mobility, CA Auto Finance
has found fertile ground in which to develop its solutions, which we will soon implement with
Drivalia's mobility offering”, stated Alexander Hughes, Country Manager of CA Auto Finance.
CA Auto Bank S.p.A.
CA Auto Bank is a universal bank, a subsidiary of Crédit Agricole Consumer Finance. which operates as an independent,
multi-brand player in the vehicle financing, leasing and mobility sectors. CA Auto Bank provides a comprehensive
offering of financial and mobility products, as well as insurance services. The credit, leasing, rental and mobility financing
programmes offered by CA Auto Bank are designed specifically for sales networks, private customers and corporate
fleets. CA Auto Bank maintains a presence in 18 European countries (Austria, Belgium, the Czech Republic, Denmark,
Finland, France, Germany, Greece, Ireland, Italy, Norway, the Netherlands, Poland, Portugal, Spain, Sweden,
Switzerland and the United Kingdom) and in Morocco, directly or through branches, with a total of more than 2,200
employees.
Through Drivalia the Group's rental and mobility company, the Bank offers a full range of mobility solutions: from electric
car sharing to innovative car subscriptions, via rentals for all lengths of time. Drivalia deals with all-round mobility, by
proposing innovative mobility schemes that combine flexibility, digital usage, an on-demand approach and sustainability.
In June 2019, the company launched its network of Mobility Stores, physical points of sale where customers can access
all the mobility services on offer. With the launch of the first fully electrified Mobility Store at Turin-Caselle Airport in 2020
and many others in its wake, Drivalia has become a benchmark operator in sustainable mobility too. It has now clocked
up over 1,600 charge point installations across all its Stores, making it the largest private electrified network in Italy. In
2024, the electrification plan will also continue in the European countries where Drivalia operates.
For more information:
www.ca-autobank.com
www.drivalia.com