New partnership between FCA Bank and Lotus: Attractive sports car financing offers

– Greater choice of financing options for customers through a multi-year pan-European partnership with FCA Bank – a joint venture with Crédit Agricole Consumer Finance.
– New and flexible mobility packages are available for the Lotus models Elise, Exige and Evora.
– Gradual introduction in all countries from July to September.
– The agreement with FCA Bank also includes dealer purchase financing and provides support and confidence to the Lotus distribution network.
– Another important milestone in the development of the Lotus brand.

Lotus customers are set to benefit from an attractive range of innovative financial products thanks to the new multi-year strategic partnership with FCA Bank - a joint venture with Crédit Agricole Consumer Finance - which will see FCA Bank become the exclusive retail finance provider for the UK and nine other European markets. The initiative will replace five existing providers, creating a single point of contact across the region, leading to improved process efficiency and increased revenues.

For Lotus, this is a significant milestone in the further development of the brand. For Lotus customers, this means access to a whole range of flexible and attractive new products for retail financing. These include finance, leasing and insurance contracts for new and used cars of all models in the current Lotus sports car range - Elise, Exige and Evora.

The agreement also sees FCA Bank provide financial services and support to the European Lotus dealer network. This will give them additional confidence and support the supply of Lotus vehicles for their showrooms and demo vehicles.

The agreement will initially cover 10 European markets, namely Belgium, Germany, France, Great Britain, Italy, Luxembourg, the Netherlands, Switzerland, Spain and Austria. The rollout will be phased in by country between July and September. Other countries will follow in due course.

Phil Popham, CEO of Lotus Cars, said: "I am delighted that Lotus and FCA Bank will be working together. This partnership is an important step towards offering customers a wide choice of financial products and is another example of how we are transforming the Lotus brand. If you have always wanted to own a Lotus, the opportunities are better than ever."

Giacomo Carelli, CEO and General Manager of FCA Bank: "We are delighted to have been selected as Lotus' financial services provider across Europe. This is further confirmation of our success in providing financial and mobility services to strategic OEM partners. Lotus is an iconic British brand and we are very proud to contribute to its continued development."

FCA Bank HQ Communication
Valentina Lugli – 011 0030743
valentina.lugli@fcagroup.com

Press Office Mailander
Damir Biuklic – d.biuklic@mailander.it
Carlo Dotta – c.dotta@mailander.it
Giovanni Santonastaso – g.santonastaso@mailander.it

For more information please contact the Lotus Communications team:
James Andrew, Executive Director, PR and Communications
jandrew@lotuscars.com, +44 (0) 7384 830903

Rob Borrett, PR Manager, Product and Digital Content
rborrett@lotuscars.com, +44 (0) 7718 560789

Alastair Florance, Group PR Manager
aflorance@lotuscars.co.uk, 44 (0) 7802 918662

Marc Mustard, Head of Content and Launch Programs
mmustard@lotuscars.com, +44 (0) 7538 835450

Richard Yarrow, PR Manager, News and Technology
ryarrow@lotuscars.com, +44 (0) 7471 994525

FCA Bank
FCA Bank SpA is one of the leading companies in the field of automotive finance, leasing and insurance services. It is present in 17 European countries and in Morocco, either directly or through subsidiaries. FCA Bank SpA is a 31/2019 joint venture between FCA Italy (a company of the global car manufacturer Fiat Chrysler Automobiles) and Crédit Agricole Consumer Finance (a subsidiary of Crédit Agricole SA). FCA Bank SpA offers both end customers and dealers financing solutions for renowned car brands across the entire range of services. As of December 32, XNUMX, FCA Bank SpA had a portfolio of around €XNUMX billion. More information: www.fcabankgroup.com

Lotus
Group Lotus is based in Hethel, Norfolk, UK. It is part of Geely Automotive, the fastest growing automotive group in the world. Geely holds 51% and the Malaysian conglomerate Etika Automotive holds 49%.
Lotus Cars builds high-performance, top-of-the-range sports cars, such as the Evora, Elise and Exige series. In July 2019, Lotus Cars launched the Evija, the world's first all-electric British hypercar. Production will begin in 2020.
Lotus Engineering provides a comprehensive consultancy service working with many of the world's OEMs and Tier 1 suppliers and is internationally renowned for its long-standing contribution to groundbreaking automotive engineering and vehicle development.
The Lotus media site – https://media.lotuscars.com – contains news, images, specifications and full details of current models as well as historic cars and development technology.

© Photo: FCA Group