Crédit Agricole Consumer Finance is pursuing its ambition in the mobility market and acquires a stake in the leading French car distributor in Europe 27 December 2021

Crédit Agricole Consumer Finance has affirmed its strategic ambition to develop car financing and encourage new forms of mobility, in line with the Crédit Agricole Group's plan. In this context, CA Consumer Finance is investing €100 million in Cosmobilis, the holding company of ByMyCAR, the leading French car distribution group in Europe, which is expanding into new forms of mobility. At the same time, the two partners are entering into exclusive negotiations to create a pan-European joint venture for their automotive financing activities.

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