Credit Agricole SA : Crédit Agricole Personal Finance & Mobility finalizes the GAC Leasing equity project to support the growth of GAC Group's electric vehicle sales in China
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Crédit Agricole Personal Finance & Mobility has finalized the acquisition of 50% equity in GAC Finance Leasing Co. Ltd., now renamed GAC-Sofinco Leasing, to support GAC Group's electric vehicle sales in China.
January 27, 2025 | 5:00 pm
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Crédit Agricole Personal Finance & Mobility has completed a strategic acquisition of 50% in GAC Leasing, enhancing its position in the Chinese electric vehicle market.
The acquisition of a 50% stake in GAC Leasing by Crédit Agricole Personal Finance & Mobility is a significant move to support GAC Group's electric vehicle sales in China. This strategic partnership is likely to enhance Crédit Agricole's presence in the growing Chinese EV market, potentially boosting its financial performance.
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