Jaguar Land Rover enters into agreement with BNP Paribas

Jaguar Land Rover enters into agreement with BNP Paribas

Jaguar Land Rover and BNP Paribus have entered into an exclusive financial services partnership for all Jaguar Land Rover commercial partners and customers. The alliance aims to expand and improve competitive automotive financing solutions with new, innovative services in nine European markets.

These nine European markets are: Germany, Italy, France, Spain, Belgium, Luxembourg, Netherlands, Austria and Portugal. A full range of financing solutions will be offered to Jaguar Land Rover's dealer network and customers by spring 2023. These solutions, which are tailored to both partners' mobility strategies, include warehouse financing, traditional loans, lease-to-purchase and long-term leasing and insurance products.

“A new chapter”

The collaboration with BNP Paribas Personal Finance for financing, Arval for leasing and fleet management and BNP Paribas Cardif for insurance services builds on Jaguar Land Rover's position in the modern luxury automotive market and provides an integrated offering for all types of mobility financing. Francois Dossa, Executive Director, Strategy and Sustainability, Jaguar Land Rover: "We are proud to work with BNP Paribas to create the conditions for further growth and to write the next chapter in the company's history. This partnership enables us to offer competitive mobility financing solutions in key European markets to create customer-centric experiences. At the same time, we want to further advance our Reimagine corporate strategy."

Thierry Laborde, Chief Operating Officer of BNP Paribas, added: “We are pleased to enter into a strategic partnership with one of the leading companies in modern
Luxury segment. Our complementary areas of expertise are a key factor in the success of this relationship. BNP Paribas, as a comprehensive group, will bring all its capabilities to support Jaguar Land Rover's dealers and customers in these nine key markets."