DUBLIN–(BUSINESS WIRE)–The “China Automotive Financial Leasing Industry Report, 2020-2026” report has been added to ResearchAndMarkets.com’s offering.
Highlights of the Report
After ceaseless decline in 2018 and 2019, the Chinese automobile industry ushers in a period of recovery when the consumers are more prudent to buy cars and automobile consumer finance draws more attention, especially financial leasing as a key form of auto finance has a lower threshold for access than auto consumer credit and is advantaged and rooted in the third-line-below cities and rural markets, beneficial to both consumers and automakers. Following the galloping automobile industry in China over the past decade, auto financial leasing industry has sprung up with a market size in 2019 up to RMB107.3 billion, a figure projected to reach RMB396 billion amid the price cut of cars, the maturing industry and consumers’ growing acceptance of auto financial leasing.
Auto financial leasing started late in China, and the players in the industry are seeking a suitable development route for own peculiarities. Not a leader has emerged in the industry that characterizes scattered development and mild competition and that desires to be concentrated. Nowadays, the most active internet-based auto financial leasing companies within the industry are expanding business presence most rapidly, while automakers and dealers are progressing slowly with limited input of resources in auto financial leasing since they still focus on traditional automobile credit business. Besides, professional leasing companies keep a low profile and have been making great strides in the industry thanks to its mature financial leasing business model.
Automaker-backed: such type of auto finance companies is advantageous in capital now that they can raise funds via stakeholders’ deposits, interbank borrowing, among others; additionally, it costs least for them to get cars but there are not so many car model. Professional leasing companies: with a mature business model and be competent enough for risk control. Dealership companies: they are superior in the richness of car models and enjoy absolute advantage in customer acquisition for its full-fledged marketing channels. Internet-based: such kind of financial leasing companies rapidly build own channels for customer acquisition by ways of mass advertising, ground promotion, the spread of outlets, etc.
Key Topics Covered
1. Overview
1.1 Definition & Classification
1.2 Main Modes
1.3 Development History
2. Chinese Automotive Industry
2.1 Market Size
2.2 Pattern
2.3 Car Ownership
2.4 Used Car Trade
3. Auto Financial Leasing Industry
3.1 Policy Environment
3.2 Automotive Finance Industry
3.3 Market Size
3.4 Main Products and Prices
3.5 Financing and Cost
3.6 Competitive Landscape
3.7 Development Trends
4. Auto Financial Leasing Companies
4.1 SAIC-GMF
4.1.1 Profile
4.1.2 Main Products
4.1.3 Developments
4.2 Ford Automotive Financial Leasing (Shanghai) Limited
4.3 Herald International Financial Leasing
4.4 Toyota Leasing
4.5 BYD International Leasing
4.6 Pang Da Orix
4.7 Lei Shing Hong Leasing
4.8 Great China Finance Leasing Co. Ltd.
4.9 Yongda Finance
4.10 All Trust Leasing
4.11 eCapital
4.12 Huasheng Haoche
4.13 Souche
4.14 Dafang Car Rental
4.15 Billions Leasing
4.16 Oranger
4.17 Jiayin Financial Leasing
For more information about this report visit https://www.researchandmarkets.com/r/x0zuo0
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