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05-02-2018
Crédit Agricole Consumer Finance and Mazda Automobiles France renew their partnership for 5 years
Crédit Agricole Consumer Finance, a major player in consumer finance in Europe, and Mazda Automobiles France have renewed their partnership until 2022. The new agreement covers financing for the Mazda network’s new vehicle stocks and demonstration vehicles and financing solutions for end clients (repayment loans as well as leasing solutions such as lease financing with purchase options and long-term leasing arrangements) sold under the Mazda Finance brand.
A strong partnership with Mazda Automobiles France since 2009
The partnership between Viaxel - a Crédit Agricole Consumer Finance brand and number one in France in vehicle financing - and Mazda Automobiles France - the Japanese manufacturer’s French subsidiary - began in 2009.
Viaxel and Mazda Automobiles France are combining their strengths: Viaxel’s expertise in financing and innovative solutions and its experience in client relations, and Mazda Automobiles France’s long-standing position on the automotive market and its technological and design expertise.
“With this partnership, Mazda Automobiles France and its dealers can offer their clients a range of financial solutions to suit their needs,” said Philippe Geffroy, Chairman of Mazda Automobiles France.
A partnership under the CA CF 2020 strategic plan
This agreement falls within the third pillar of the CA CF 2020 strategic plan, which aims to strengthen partnerships in vehicle financing. With this agreement, Crédit Agricole Consumer Finance affirms its commitment to working with key players in the automotive sector.
“The renewal of this partnership with Mazda Automobiles France, which began in 2009, strengthens Viaxel’s position in vehicle financing and reflects its expertise in serving both dealers and end clients,” explained Florence Burdin, Head of Auto, Leisure and Home Equipment activities at Crédit Agricole Consumer Finance.
Mazda Automobiles is also a partner of Credibom, Crédit Agricole Consumer Finance’s subsidiary in Portugal.
Crédit Agricole Consumer Finance is a major player on the European consumer credit market. Crédit Agricole Consumer Finance, Crédit Agricole S.A.’s subsidiary specialised in consumer credit, sells a broad range of loans to individuals and associated services via all distribution channels: direct sales, in-store financing (car and household equipment loans) and through partnerships. Present alongside the large retail, specialised retail and institutional banners in the countries in which it is active, Crédit Agricole Consumer Finance is a key partner for business. It operates in France, mainly via its commercial brands Sofinco, Viaxel and Creditlift Courtage.
For further information: www.ca-consumerfinance.com
Mazda Motor Corporation is one of the leading Japanese vehicle manufacturers, producing 1.3 million cars per year. The company was founded in 1920 and is headquartered in Hiroshima, Japan, where it has three production sites. Research and development is extremely important at Mazda, and it has five R&D centres around the world. Innovation is at the centre of Mazda’s strategy, enabling it to win the 24 Hours of Le Mans race in 1991 with a rotary-engine car, and more recently, to develop the Skyactiv engine now fitted in all new Mazda cars. The brand is present in 130 countries and employs 38,117 people. Mazda Automobiles France has 50 employees and a network of 105 dealers.
