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RCI Bank penetration rate 47%

Christian Fernsby ▼ | July 30, 2020
In a car market that fell by 34% in the operating countries of the RCI Bank and Services subsidiaries, the Alliance brands’ sales volumes stood at 1.1 million vehicles in the first half of 2020.
RCI Bank
RCI Bank   The volume of new financing contracts for new vehicles
In this environment, RCI Bank and Services’ penetration rate reached 47%, up versus the first half of 2019.

Topics: RCI Bank

The volume of new financing contracts for new vehicles totaled 501,055 at end of June 2020.

Sales volumes of financing contracts for electric vehicles increased 27%, with 21,454 contracts, 17,669 of which were accounted for by ZOE, the best-selling electric car in Europe.

Used car vehicle financing activity fell by 15%, with 157,500 contracts at end of June 2020.

The total volume of new financing contracts therefore amounted to 658,555 contracts in the first half of 2020, for total new financings of €7.7 billion, down on the first half of 2019 (€10.9 billion).

Service activity saw a 22.8% decrease in volumes versus the previous year.


 

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