On April 25, 1925, SAVA (acronym of Società Anonima Vendita Automobili) was established in Turin, Italy when the "509" model was put on the market.

In the same year, in order to raise the awareness of the newly established company and extend to clients the opportunity of owning a car, two Italian artists of the time Codognato and Romano, conceived S.A.V.A.

On March 15, 1930, the board of directors of SAVA approved a share capital increase of 4,000,000 Lire and afterwards, on April 11 of that same year, FIAT purchased the entire shareholding.

[1] In 2003 SAVA was placed under Fidis Retail Italia, 51% of which was sold to Banca Intesa, Sanpaolo IMI, Capitalia and Unicredit, while 49% remained with Fiat Auto.

December 2006: Fiat Auto S.p.A. and Crédit Agricole S.A. create a joint venture with the aim of implementing FGA's financial activities across Europe.

Leasys, a subsidiary of FCA Bank, in 2018 acquired Winrent, a short-term rental company and at the same time continued its internationalization path.

[5] From 2019 FCA Bank enters the two-wheeler business, thanks to a partnership with the Harley Davidson brand where it will offer financial services in Spain and Poland.