CA Auto Bank and Hedin Sport Car AB sign strategic partnership to support Corvette across Europe

NEWS

Crédit Agricole Auto Bank continues its growth strategy and strengthens its role as a key financial player in the European premium car sector.

Backed by CA Auto Bank’s century-long expertise, the partnership aims to provide tailored financing solutions for the iconic American sports brand’s models.

The agreement covers wholesale and retail financing, supporting a network of around fifty dealers and Corvette enthusiasts in 8 European countries.

Crédit Agricole Auto Bank continues its growth strategy and strengthens its role as a key financial player in the European premium car sector. As part of this expansion, the Bank has entered into a strategic partnership with Hedin Sport Car AB to provide financing solutions for Corvette vehicles across Europe.

Since mid-2024, Hedin Sport Car AB – part of the Hedin Mobility Group – is the official distributor of Corvette in continental Europe, as part of the broader partnership with General Motors. The agreement will cover both wholesale and retail financing, supporting a network of around fifty dealers and final customers across 8 European countries: Belgium, France, Germany, the Netherlands, Norway, Poland, Sweden and Switzerland.

Corvette, a historic American brand, has long been synonymous with design excellence and high performance, offering enthusiasts some of the most iconic sports cars in automotive history. Since its debut in 1953, Corvette has evolved through eight generations, each bringing technological innovation and distinctive styling. Among the most celebrated models are the C2 Sting Ray (1963-1967), known for its split rear window and revolutionary design; the C3 (1968-1982), which introduced the unmistakable “Coke bottle” shape; the C6 ZR1 (2009-2013), praised for its supercharged V8 engine; and the latest C8 Stingray (2020-present), the first mid-engine Corvette, redefining the brand’s performance capabilities. These legendary models have cemented Corvette’s status as an icon of American sports car engineering.

Through this partnership, CA Auto Bank and Hedin Sport Car AB will ensure that both dealers and final customers have access to a seamless and flexible financing ecosystem, reinforcing the Corvette brand’s presence and growth in Europe.

“We are proud to work with CA Auto Bank to strengthen the accessibility of Corvette across Europe” stated Jan Grindemann, CEO of Hedin Sport Car. “Corvette is a brand synonymous with American automotive excellence, and through this partnership, we aim to provide an exceptional experience for both new and existing enthusiasts. With the support of CA Auto Bank’s tailored financial solutions, we look forward to welcoming more customers into the Corvette family.”

“This agreement with Hedin Sport Car AB represents an important milestone for CA Auto Bank” said Giacomo Carelli, CEO & General Manager of CA Auto Bank. “With a century of expertise in automotive financing, CA Auto Bank is committed to supporting the expansion of legendary brands like Corvette. Thanks to our innovative and tailored financial solutions, we aim to make these extraordinary sports cars more accessible to both dealers and enthusiasts, reinforcing Corvette’s success in key European markets.”

This partnership further strengthens CA Auto Bank’s long-standing collaboration with the Hedin Group. By adding Corvette to its portfolio, the Bank expands its support for Hedin’s premium and performance brands, reinforcing its role as a key financial partner across Europe.

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