AFTER SPAIN, FRANCE, GERMANY AND THE UK - LEASYS ARRIVES IN BELGIUM

The international expansion of the Contract Hire company of FCA Bank continues 

Turin (Italy), 20th December 2017 - The internationalisation of Leasys SpA, the Contract Hire company of FCA Bank, continues with the presence, as of today, in Belgium, with a new branch of the Italian Holding. 

After entering Spain, France, Germany and the United Kingdom, Leasys therefore takes up the announced expansion program abroad, arriving in a market that is mature in the leasing sector but still has significant growth prospects for Contract Hire, especially with regards to small and medium-sized enterprises and the private customers target. 

A market where Leasys will be able to measure itself immediately thanks to the variety and flexibility of its mobility solutions, which have already met the favor of new foreign customers, generating volumes up more than 20% in the countries where Leasys has arrived in 2017. In Italy, Leasys records an increase of about 5% of hired cars compared to 2016 - the record year with over 54 thousand vehicles delivered - and it is growing particularly in the segment of professionists and private individuals, demonstrating how private customers agree to evaluate Contract Hire when the proposal is clear, convenient and easily accessible. Overall, Leasys now operates a fleet of about 200,000 units (cars and commercial vehicles). 

Leasys success is based on efficiency and innovative services thanks to digital technologies - a strategic asset in which Leasys continues to invest - and draws strength from the renewed range of Fiat Chrysler Automobiles (FCA) products. Today Leasys is able to respond to the most diverse mobility needs with Jeep Compass, Alfa Romeo Stelvio, Giulia, Fiat Tipo and Fiat 500, the latter capable of persuading even the Millennials, who hire it on Amazon. 

Moreover, internationalisation is part of the broader growth and diversification strategy of the FCA Bank Group, which aims to increase its market share by proposing FCA models more effectively at European level to the fleet and private markets. With the expansion of the reference markets, Leasys will be increasingly competitive and able to best meet the needs of its local and international customers: the goal is to become one of the top five European Contract Hire players within the next three years. 

In Belgium, too, Leasys will "export" its flagship product in the last year - Be Free and Be Free Pro for SMEs and professionals - already the star of the launch campaign for Leasys operations in Spain, France. 

At the helm of Leasys Belgium is Danny Meulenberghs, under coordination by Jean-luc Mas, General Manager of FCA Bank Group in Belgium. 

Ends 

LEASYS

A key player in Italy in the market for Contract Hire and automotive services, Leasys SpA is a wholly-owned company of the FCA Bank Group, a joint venture between Fiat Chrysler Automobiles and Crédit Agricole, started in September 2001. Leasys currently manages a fleet of over 200,000 units (one third are commercial vehicles) in Italy and in Europe (cars and commercial vehicles featuring all makes, including many FCA brands) which targets large companies, small and medium businesses, public administration, professionals and private individuals. Through Clickar www.clickar.biz, Leasys is also among the top Italian companies in the used corporate auto sales market.

FCA BANK

FCA Bank is a bank that operates mainly in the automobile financing sector with the goal of meeting every mobility need and is a joint venture between FCA Italy, a part of the global automotive company Fiat Chrysler Automobiles, and Crédit Agricole Consumer Finance, a prime organization in the consumer credit market. The company manages financial assets to support the sales of prestigious automotive brands in Europe. The financing and leasing programs offered by FCA Bank are specially designed for sales networks, for private customers and for company fleets. FCA Bank SpA does business in 17 European countries and Morocco, either directly or through subsidiaries. As of Jume 2017, FCA Bank manages a portfolio of 22.7 billion Euro.

For further information please contact:

Tom Johnston, Press Relations Manager
Kate Saxton, Public Relations Director
FIAT Chrysler Automobiles UK Ltd
Tel: 01753 511431

E-mail addresses: tom.johnston@fcagroup.com / kate.saxton@fcagroup.com