(Boursier.com) — The objective of this new bank, spun off from FCA Bank, is to become an independent, multi-brand pan-European leader in financing, vehicle leasing and in all mobility sectors.
With the support of Agricultural credit Consumer Finance, which becomes the sole shareholder, the bank aims to lead the energy transition with the objective of reaching at least 10 billion euros in assets by 2026 and by 2030 to have at least least 80% of its fleet made up of new “green” vehicles.
CA Auto Bank will be open to new partnerships and will operate in all sectors of mobility from automobiles to two wheels, through leisure vehicles, water sports, agricultural vehicles, to light and heavy commercial vehicles.
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