Stellantis, Société Générale and Caetano Squadra Africa Signal an Unprecedented Strategic Collaboration Settlement for Automobile Gross sales and Financing in Sub-Saharan Africa

Must read


Underneath this settlement, the events undertake to work carefully collectively to supply prospects a complete vary of aggressive monetary providers, in accordance with native legal guidelines, relevant credit score insurance policies and the market wants of every nation involved. This vary of providers contains loans, leasing and monetary rental contracts, and the sale of complementary options reminiscent of insurance coverage merchandise.

The collaboration will probably be primarily based on the desire to develop synergies with a view to evaluating and lengthening the scope of this business partnership. Stellantis will even have the ability to provide subsidy packages for business functions, with the participation of Caetano, and along with Societe Generale.

“This settlement goals to open up new prospects within the African automotive market by providing modern financing options for Stellantis autos. The goal is to create much more worth and alternatives for Stellantis prospects and sellers in sub-Saharan Africa”, mentioned Marc de Kergariou, Director of Stellantis Sub-Saharan Africa.

“Alongside two strategic companions, Societe Generale is enriching its provide in sub-Saharan Africa and accompanying the transformation of the automotive sector and the altering wants of its prospects,” explains Philippe Dubois, Head of Company for Worldwide Retail Banking, Africa, Mediterranean Basin&Abroad at Societe Generale Group.

“We’re delighted to have signed this strategic collaboration settlement with Stellantis, which represents an essential step in our ongoing dedication to supply mobility options, assembly the evolving wants of our prospects throughout the African continent,” mentioned Gabriel Almeida, COO of Salvador Caetano Africa.

Distributed by APO Group on behalf of Stellantis.

For extra data, contact:
Ali JEBBARI 
+212 684 891 097
[email protected]

Comply with Stellantis:
Twitter: https://apo-opa.co/3vlSjMN
Fb: https://apo-opa.co/48ww7hl
LinkedIn: https://apo-opa.co/47bvoRH
YouTube: https://apo-opa.co/3wlGwPg

About Stellantis:
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is likely one of the world’s main automakers and a mobility supplier. Its storied and iconic manufacturers embody the fervour of their visionary founders and as we speak’s prospects of their modern services and products, together with Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Cars, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our variety, we paved the way the world strikes – aspiring to change into the best sustainable mobility tech firm, not the largest, whereas creating added worth for all stakeholders in addition to the communities during which it operates. For extra data, go to www.Stellantis.com

About Societe Generale:
Societe Generale is a high tier European Financial institution with 117,000 workers serving 25 million purchasers in additional than 60 nations internationally. We’ve been supporting the event of our economies for almost 160 years, offering our company, institutional, and particular person purchasers with a big selection of value-added advisory and monetary options. Our long-lasting and trusted relationships with the purchasers, our cutting-edge experience, our distinctive innovation, our ESG capabilities and main franchises are a part of our DNA and serve our most important goal – to ship sustainable worth creation for all our stakeholders.

The Group runs three complementary units of companies, embedding ESG choices for all its purchasers:

French Retail, Non-public Banking and Insurance coverage, with main retail financial institution SG and insurance coverage franchise, premium non-public banking providers, and the main digital financial institution BoursoBank.
World Banking and Investor Options, a high tier wholesale financial institution providing tailored-made options with distinctive international management in fairness derivatives, structured finance and ESG.
Worldwide Retail, Mobility&Leasing Providers, comprising well-established common banks (in Czech Republic, Romania and a number of other African nations), Ayvens (the brand new ALD I LeasePlan model), a world participant in sustainable mobility, in addition to specialised financing actions.

Dedicated to constructing along with its purchasers a greater and sustainable future, Societe Generale goals to be a number one companion within the environmental transition and sustainability general. The Group is included within the principal socially accountable funding indices: DJSI (Europe), FTSE4Good (World and Europe), Bloomberg Gender-Equality Index, Refinitiv Range and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX World ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

For extra data, you’ll be able to observe us on Twitter/X @societegenerale or go to our web site SocieteGenerale.com.

About Salvador Caetano Group:
Salvador Caetano Group (SCG) has over 75 years of historical past devoted to trade and the automotive sector, headquartered in Portugal, and has a presence in additional than 100 firms unfold throughout Europe, Latin America and Africa. The worldwide presence is in 43 nations on 3 continents, promoting over a 150 thousand autos yearly, with over 7,400 workers.



Source_link

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article