CA Auto Bank has signed a strategic agreement with GAC Motor International and CA Personal Finance & Mobility , with the aim of facilitating GAC Motor ‘s expansion in Europe by 2025, and promoting European mobility.
CA Auto Bank and GAC Motor consolidate the automotive sector
GAC Motor International , a subsidiary of Guangzhou Automobile Group , is one of the largest automobile manufacturers in China, known for its innovation and high-quality vehicles. With a strong presence in international markets such as Asia and the Middle East, GAC is looking to expand into the European market, where demand for electric and sustainable vehicles is booming.
GAC has chosen CA Auto Bank as its financial partner due to its extensive experience in the European automotive sector , and its ability to offer tailored financing solutions to customers. Through CA Personal Finance & Mobility , buyers will be able to access personalized financing options that will make the purchase of GAC vehicles more affordable.
The agreement has a clear objective: to facilitate European consumers’ access to GAC Motor ‘s range of vehicles through flexible and accessible financial products. CA Auto Bank , known as the ” bank of mobility “, will provide a wide range of solutions, such as direct financing, allowing consumers to choose the option that best suits their needs.
GAC Motor’s expansion in Europe
With 2025 on the horizon, both GAC Motor and CA Auto Bank are stepping up their preparations to ensure a successful entry into the competitive European automotive market. More details on the specific models coming to the continent, as well as the financing and leasing options that will be available to buyers, are expected to be announced in the coming months.
CA Personal Finance & Mobility will play a crucial role in this process, acting as the financial arm of the operation, enabling consumers to access GAC vehicles through attractive financing plans, tailored to local European markets.
This agreement also reflects a shared commitment to sustainability. With the growing interest in electric vehicles in Europe, both GAC and CA Auto Bank are positioning themselves as leaders in the transition to greener mobility. GAC’s electric vehicles, supported by CA Auto Bank’s financial services, are expected to contribute to the reduction of carbon emissions in European cities.
According to sources from both companies, this agreement will allow GAC Motor to introduce a fleet of vehicles that includes hybrid and electric models, in line with European market trends towards the adoption of cleaner and more efficient technologies.
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Source and photo: CA Auto Bank