Lotus with FCA Bank for ad hoc financing on its cars

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Lotus with FCA Bank for ad hoc financing on its cars

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By Rosario Scelsi Sunday 19 July 2020

Collaboration between Lotus and FCA Bank, which provides customers and partners with an attractive range of financial packages for car payment and insurance

Lotus has signed a multi-year strategic partnership with FCA Bank, to offer its customers an interesting range of financial products. With this initiative, the Hethel-based company chooses the joint venture between Fiat Chrysler Automobiles and Crédit Agricole, which already represents 18 other automotive brands (several of which outside the FCA portfolio), to replace the five existing suppliers with a single solution. between the United Kingdom and nine other European countries, thus creating a one-stop shop across the region to improve process efficiency and reduce costs. The agreement marks another stage in the transformation process of the Lotus brand, currently underway. For customers of the British car manufacturer, the partnership with FCA Bank means accessing a whole suite of new and interesting retail financial products. Lotus Digital Instrument Pack for track days Lotus customers love track days and action on the track, for them the house of Hethel launches the Digital Instrument Pack, a brand new package of digital instruments for monitoring. These include sales, rental and insurance policies on new and used and approved specimens of the current range of sports cars, consisting of Elise, Exige and Evora. FCA Bank also becomes the exclusive wholesale financial supplier for the pan-European network of Lotus dealers, giving them further confidence in supporting the financing of vehicles for their showrooms and demonstration fleets. The contract will initially cover 10 European markets (Austria, Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Spain, Switzerland and the United Kingdom) and will be gradually introduced between July and September. Then it will be up to other nations to join the tour.


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