JAGUAR LAND ROVER CONTINUE SUCCESSFUL PARTNERSHIP WITH FGA CAPITAL S.p.A

12 MAART 2014
Samenvatting
Jaguar Land Rover (JLR) is pleased to announce the renewal of its financial service partnership with FGA Capital S.p.A (FGAC). The partnership covers the funding of Jaguar Land Rover vehicles for the franchise dealer networks in mainland Europe as well as a full range of point of sale financing solutions for retail and business customers. The 4 year extension to the partnership commenced on February 1st 2014.

Jaguar Land Rover (JLR) is pleased to announce the renewal of its financial service partnership with FGA Capital S.p.A (FGAC). The partnership covers the funding of Jaguar Land Rover vehicles for the franchise dealer networks in mainland Europe as well as a full range of point of sale financing solutions for retail and business customers. The 4 year extension to the partnership commenced on February 1st 2014.

David Betteley, Director of Financial Services at Jaguar Land Rover said: “Jaguar Land Rover has ambitious plans for growth which requires a robust automotive financial services strategy to support dealers and customers in our 180 markets. As such we are delighted to continue our successful partnership with FGA Capital in Europe which will be a significant part of our overall financial services strategy.”

Gian Luca De Ficchy, CEO of FAC Capital S.p.A said “I am delighted that we have extended our successful partnership with Jaguar Land Rover. The Jaguar Land Rover relationship is highly valued by both our employees and our shareholders and we are committed to helping the company achieve its growth objectives during this renewed period of our association”.

Notes to editors:

  • Jaguar Land Rover:
  • Jaguar Land Rover has been named Responsible Business of the Year by Business in the Community (BITC).
  • Jaguar Land Rover has ambitious plans for sustainable growth and profitability.
  • In 2013, Jaguar Land Rover sold 425,006 vehicles, up 19%. Of that, Jaguar sold 76,668 vehicles and Land Rover sold 348,338 vehicles.
  • Jaguar Land Rover will invest circa £2.75bn in its products and facilities in the financial year to March 2014.
  • Jaguar Land Rover is one of the UK's largest exporters and generates in the region of 85% of its revenue from exports.

In the 12 months to 31 March 2013, Jaguar Land Rover generated profit before tax of £1.675bn with revenues of £15.8bn.

  • FGA Capital S.p.A:
  • FGA Capital S.p.A is a multi brand dedicated motor finance company which has 27 separate legal entities operating in15 European countries.
  • FGA Capital S.p.A is a 50/50 joint venture between Crédit Agricole Consumer Finance and FGA S.p.A. with core tier I ratios in 2012 and 2013 (H1) of 10,6% and 10,9% respectively
  • Crédit Agricole Consumer Finance is a subsidiary of Credit Agricole S.A. an A rated European bank (Standard & Poors, Fitch)
  • FGA Capital provides both retail and wholesale financing solutions for 10 brands (including JLR) across its operating perimeter.
  • FGA Capital S.p.A. currently manages an average portfolio of loans totaling €14.5bln.

N.B.: omwille van de snelheid is dit bericht niet vertaald.

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Over Jaguar Land Rover Nederland

Onze merken kenmerken zich door een lange historie van innovatie en design. Jaguar maakte zijn debuut in 1935 en Land Rover werd geïntroduceerd in 1948.

Vanaf hun introductie zijn onze merken altijd toonaangevend geweest op het gebied van technische innovatie in alle disciplines van personenauto- en 4x4-ontwikkeling. Met onze revolutionaire technologieën, prestaties en vakmanschap hebben wij steeds opnieuw grenzen verlegd in de auto-industrie. Onze inspanningen hebben geleid tot enkele van de meest iconische modellen die ooit op de weg zijn verschenen.

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