10/05/2022

10 May 2022
10 May 2022, Comments Comments Off on Carthago and FCA Bank enter pan-European partnership to provide financial services to dealers and customers
Carthago and FCA Bank enter pan-European partnership to provide financial services to dealers and customers

FCA Bank is expanding its footprint in the leisure vehicle market and strengthening its role in this rapidly developing sector across Europe with a new pan-European partnership with Carthago, the premium German motorhome manufacturer.

FCA Bank will provide financial services to Carthago’s network of approximately 250 dealers as well as to the company’s end customers. The agreement, which is effective in all European markets where both partners operate, covers both brands: the premium models sold under the Carthago brand name and its Malibu brand of motorhomes and camper vans.

Through the partnership with Carthago, and the recent arrangements with two other prestigious manufacturers, Knaus Tabbert and Concorde, FCA Bank will cover around 40% of the total European motorhome market. This is a constantly expanding sector, which has seen a boom in registrations in recent years, a reflection of the growing importance of these vehicles for the international public. According to data from the European Caravan Federation, in 2021 alone there was record growth of 13.2% compared to the previous year, with a total of 181,299 new motorhomes registered.

FCA Bank S.p.A. is a bank mainly engaged in the car financing and mobility sector. FCA Bank S.p.A. provides financial products to support the sales of prestigious car brands in Italy and Europe. The credit, leasing, rental and mobility financing programs provided by FCA Bank S.p.A. are specifically designed for sales networks, private customers and corporate fleets. FCA Bank S.p.A. is present in 17 European countries and in Morocco, either directly or through branches. As of 31 December 2021, FCA Bank managed a loan and lease portfolio of approximately €24.8 billion. For more information: www.fcabankgroup.com