China Commercial Automotive Finance Industry Report, 2019-2025 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “China
Commercial Vehicle Finance Industry Report, 2019-2025” report
has been added to ResearchAndMarkets.com’s offering.
Over recent years, the auto finance industry in China steadily
developed, assisting the uprising of penetration of auto finance
constantly, which achieved 43% in 2018, up 3 percentage points versus
2017. The market size of auto finance in China is estimated to be RMB
1.200 trillion in 2018, up 2.6% yr-on-yr.
Commercial vehicle enjoyed stable growth in sales volume over recent
years. At present, its sales volume accounts for over 40% of the global
total, and annual sales surpasses RMB 1 trillion. However, viewed from
the status quo of China commercial vehicle finance service, there is
still an obvious gap to fill compared to developed countries. At
present, the penetration of the commercial vehicle finance market in
China is approximately 50%, which is far below that of the international
mature market (with 90% of penetration).
Currently, main participants of China commercial vehicle finance
industry include commercial banks, bank-affiliated financial leasing
companies, manufacturer-affiliated financial leasing companies, and
third-party financial leasing companies. Of these, commercial banks and
bank-affiliated financial leasing companies occupy more than half of the
market share, while the remaining one third is held by
manufacturer-affiliated financial leasing companies.
With the deep development of commercial vehicle finance service, its
shortcomings and problems are presented. For instance, commercial
vehicle finance service is of weak used-car evaluation system basis,
unsound risk control system, vicious competition, large financial
capital demand, and insufficient bank capital supply, which directly
inhibited the development of China commercial vehicle finance service.
At present, smart risk control and analysis & decision service providers
represented by Tongdun Technology Co., Ltd. begins to offer solutions
for problems (like unregulated market and unsound risk control system)
that occurred in the commercial vehicle finance market. In the future,
China commercial vehicle finance risk control ability will further be
enhanced.
Thanks to the favorable policy, China commercial vehicle finance market
will be gradually mature, providing more products, with better risk
control ability, lower credit threshold, and higher penetration rate. It
is forecast that the penetration of commercial vehicle finance in China
will be 70% by 2025.
China Commercial Vehicle Finance Industry Report, 2019-2025
mainly includes the following aspects:
-
Analysis of China auto finance industry, including development
environment, development course, development status, market size,
competition pattern, and development trend; -
Analysis of China commercial vehicle finance industry, including
development status, main players, competition pattern, market size,
and risk control system establishment & analysis; -
Analysis of 16 commercial vehicle finance-related enterprises,
including company profile, commercial vehicle finance business
analysis, etc.
Key Topics Covered:
1. Overview
1.1 Overview of Automotive Finance
1.1.1
Definition
1.1.2 Classification
1.1.3 Market Players
1.1.4
Automotive Financial Leasing
1.2 Overview of Commercial Vehicle
Finance
2. Automotive Finance Industry in China
2.1
Development Environment
2.1.1 Policy
2.1.2 Economy
2.1.3
Car Ownership
2.1.4 Automobile Production and Sales
2.1.5
Commercial Vehicle Production and Sales
2.2 Development Course
2.3
Status Quo
2.4 Market Size
2.5 Competitive Landscape
2.6
Operation of Auto Finance Companies
2.7 Development Trends
2.7.1
Market Share of Auto Finance Companies Grows Further
2.7.2 Used Car
Financial Business Grows Rapidly
2.7.3 Auto Financial Products
Becomes More Diversified
2.7.4 Improved Credit System Pushes the
Development of Auto Finance Market
2.7.5 Internet Auto Finance Has
Developed into a Trend
2.7.6 Cooperation between Banks and
Enterprises Drives Auto Finance
2.7.7 Competition in Auto Finance
Industry Intensifies
3. Commercial Vehicle Finance Industry in China
3.1
Status Quo
3.2 Major Participants
3.2.1 Commercial Banks
3.2.2
Bank-affiliated Financial Leasing Companies
3.2.3
Manufacturer-affiliated Financial Leasing Companies
3.2.4
Third-party Financial Leasing Companies
3.3 Competitive Landscape
3.4
Market Size
3.5 Risk Control System Establishment
3.6 Summary
4. Analysis of Commercial Vehicle Finance
Related Enterprises
4.1 Lionbridge Financing Leasing
(China) Co, Ltd.
4.1.1 Profile
4.1.2 Development Course
4.1.3
Financing Status
4.1.4 Commercial Vehicle Finance Business
4.1.5
Developments
4.2 Fincera Inc.
4.3 Pangda Automobile Trade Co,
Ltd.
4.4 FAW Auto Finance Co, Ltd.
4.5 First AutoMobile
Finance Co, Ltd.
4.6 Shandong HOWO Auto Finance Co, Ltd.
4.7
Guangxi Tongsheng Financial Leasing Co, Ltd.
4.8 Keking Financial
Leasing (Shanghai) Co, Ltd.
4.9 Tianjin ForFin Leasing Co, Ltd.
4.10
Beijing CA Sinfusi Financial Leasing Co, Ltd.
4.11 Honggao Finance
Leasing Co, Ltd.
4.12 Fortune Auto Finance Co, Ltd.
4.13
Dongfeng Motor Finance Co, Ltd.
4.14 Others
4.14.1 En-how
Investment (Beijing) Co, Ltd.
4.14.2 Deron International Financial
Leasing Co, Ltd.
4.14.3 Ping An International Financial Leasing Co,
Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/r0zpmx
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Related
Topics: Commercial
Vehicles, Automotive
Finance