Global and China Automotive Finance Industry Report, 2013
  • Aug./2013
  • Hard Copy
  • USD $2,300
  • Pages:117
  • Single User License
    (PDF Unprintable)       
  • USD $2,200
  • Code: LMX038
  • Enterprise-wide License
    (PDF Printable & Editable)       
  • USD $3,400
  • Hard Copy + Single User License
  • USD $2,500
      
China's automotive finance market is still in the early stage of development due to consumer attitude, risk management and control, etc. While the penetration of automotive finance has exceeded 80% in the United States, India and Brazil, 60% in Japan and Western Europe, and 40% in Russia, it only achieved 15% in China in 2012, indicating huge growth potential.

As the core business of automotive finance, retail financing broke a balance of RMB 300 billion in China in 2011, of which, RMB 136.7 billion (41%) was attributable to commercial banks. Affected by the automobile purchase control policy, the retail financing balance witnessed a growth slowdown in 2012, and only increased by 13% year on year to about RMB 339 billion.

Automotive Retail Financing Balance in China, 2001-2012 (Unit: RMB bn)
 20130196.png

Besides the retail financing business, a mature automotive finance market shall include wholesale financing, car rental and leasing, and used car financing businesses. In 2012-2013, following the steps of Dongfeng Nissan and dealer groups, automotive finance companies, such as Mercedes-Benz Financial Services, Volkswagen Financial Services, Toyota Financial Services and BMW Financial Services, also plan to develop China’s automotive rental and leasing market.

Volkswagen Finance China Co., Ltd. is a wholly owned subsidiary of Volkswagen Financial Services AG in China. In 2012, Volkswagen Finance covered more than 240 cities in China, had over 1,350 cooperative dealers, and signed 149,168 contracts, up 91% year on year. In February, 2012, Volkswagen Financial Services established Volkswagen New Mobility Services Investment Co., Ltd. in China. In January 2013, Volkswagen New Mobility Services Investment Co., Ltd. announced the successful acquisition of Shanghai Zhenlang Transportation Equipment Leasing Co., Ltd. to carry out the automotive rental and leasing business.

Mercedes-Benz Financial is a subsidiary of Daimler Financial Services Group, and it has two business operations in China, namely, Mercedes-Benz Auto Finance Ltd. and Mercedes-Benz Leasing Co., Ltd. In 2011, Mercedes-Benz Financial covered nearly 400 cities and more than 200 dealers in China. In June 2012, Daimler Financial Services Group set up Mercedes-Benz Leasing Co., Ltd. in China to carry out rental and leasing business.

BMW Automotive Finance (China) Co., Ltd., established in 2010, is a joint venture of Germany's BMW AG (58%) and BMW Brilliance Automotive Ltd. (42%). As of August 2012, BMW Automotive Finance covered 233 of the 238 sales outlets in China, and the penetration of BMW Financial soared from the earliest 10% or so to 25%. BMW Automotive Finance mainly conducts the rental and leasing business in cooperation with automotive finance leasing companies.

Global and China Automotive Finance Industry Report, 2013-2016 of ResearchInChina analyzes the policy environment, development status, profit model, penetration and other industrial development indicators of the global and Chinese automotive finance markets, focuses on Chinese automotive finance market segments including wholesale financing, retail financing, rental and leasing, and used car financing, and sheds light on five major foreign automotive finance companies and 17 automotive finance companies in China.
Preface
1. Automotive Finance
1.1 Concept
1.1.1 Definition
1.1.2 Business
1.1.3 Products
1.2 Main Functions and Effects
1.3 Global Auto Finance Development
1.3.1 Development Status
1.3.2 Profit Models

2. Development Environment for China’s Automotive Finance Industry
2.1 Development of China Automobile Industry
2.2 China’s Automotive Finance System
2.2.1 Credit Service System
2.2.2 Laws and Regulations
2.2.3 Supervision
2.3 China’s Automotive Finance Policies
2.3.1 Auto Finance Policy
2.3.2 Auto Consuming Policy
2.4 Chinese Consumers' Purchasing Cars by Loans
2.4.1 Consumption Habits
2.4.2 Attitude

3. Development for China’s Auto Finance Industry
3.1 Development Course
3.2 Development Status
3.3 Auto Finance Penetration Rate
3.4 Profit Models
3.4.1 Bank-based Profit Model
4.4.2 Vendor-based Profit Model
3.4.3 Profit Model Based on Non-bank Financial Institutions

4. Segmented Market Analysis of China’s Automotive Finance Industry
4.1 Wholesale Financing
4.1.1 Wholesale Market
4.1.2 Business
4.1.3 Market Bodies
4.1.4 Future Outlook
4.2 Retail Financing
4.2.1 Market Size
4.2.2 Main Products
4.2.3 Future Outlook
4.3 Car Rental and Leasing
4.3.1 Development Status
4.3.2 Automotive Finance Companies Enter into Leasing Market
4.3.3 Market Participants
4.4 Used Car Financing
4.4.1 Transaction Volume of Used Car
4.4.2 Development Features of Used Car Market
4.4.3 Development Status of Used Car Financing Market
4.4.4 Future Outlook

5. Global Automotive Finance Companies
5.1 Volkswagen Financial Services AG
5.1.1 Profile
5.1.2 Development Course
5.1.3 Operation
5.2 Toyota Financial Services
5.2.1 Profile
5.2.2 Operation
5.3 BMW Financial Services
5.3.1 Profile
5.3.2 Operation
5.4 Mercedes-Benz Financial Services
5.4.1 Profile
5.4.2 Operation
5.5 Volvo Financial Services
5.5.1 Profile
5.5.2 Operation

6. Chinese Automotive Finance Companies
6.1 GMAC-SAIC
6.1.1 Profile
6.1.2 Business
7.1.3 Operation
6.1.4 Dealer Finance Business
6.1.5 Financing Channel
6.2 Volkswagen Finance China Company Limited
6.2.1 Profile
6.2.2 Development Course
6.2.3 Business
6.2.4 Development Plan
6.3 Toyota Auto Finance (China)
6.3.1 Profile
6.3.2 Business
6.3.3 Establishment of Auto Leasing Company
6.4 Ford Motor Credit Company (China)
6.4.1 Profile
6.4.2 Business
6.5 Mercedes-Benz Auto Finance (China)
6.5.1 Profile
6.5.2 Business
6.6 Dongfeng Peugeot Citroen Auto Finance Company
6.6.1 Profile
6.6.2 Equity Change
6.6.3 Business
6.7 Volvo Automotive Finance (China) Co., Ltd.
6.7.1 Profile
6.7.2 Business
6.7.3 Cooperation with Shandong Lingong Construction Machinery
6.8 Dongfeng Nissan Auto Finance Co., Ltd.
6.8.1 Profile
6.8.2 Development Course
6.8.3 Business
6.8.4 INFITI Finance
6.8.5 Operation
6.8.6 Marketing Model and Financing Channels
6.9 Fiat Auto Finance Co., Ltd.
6.9.1 Profile
6.9.2 Business
6.10 Chery Motor Finance Service Co., Ltd.
6.10.1 Profile
6.10.2 Business
6.10.3 Operation
6.11 GAC-SOFINCO Automobile Finance Co., Ltd.
6.11.1 Profile
6.11.2 Operation
6.12 BMW Automotive Finance (China) Co., Ltd.
6.12.1 Profile
6.12.2 Business
6.13 Sany Auto Finance Co., Ltd.
6.13.1 Profile
6.13.2 Development Course
6.13.3 Business
6.13.4 Financing Channels
6.13.5 Overseas Expansion
6.13.6 Development Plan
6.14 FAW Auto Finance Co., Ltd.
6.14.1 Profile
6.14.2 Business
6.15 Beijing Hyundai Auto Finance Co., Ltd.
6.15.1 Profile
6.15.2 Operation
6.16 Chongqing Auto Finance Co., Ltd.
6.17 Fortune Auto Finance Co., Ltd.

7. Future Development Trends of China's Automotive Finance
7.1 Automotive Industry Forecast
7.2 Auto Finance Penetration Rate Forecast
7.3 Development Trend of Auto Finance Industry
Classification of Automotive Finance Business
Automobile Finance Products
Profit Distribution in American Automobile Market
Introduction to Global Automotive Finance Companies
Automobile Output and Sales Volume in China, 2005-2013
Passenger Car Output and Sales Volume in China, 2005-2013
Automobile Finance Policies and Regulations in China, 2004-2012
Automobile Consumption Policies in China, 2009-2012
Intention of Loans to Buy Car for Chinese Consumers
Development Course of Chinese Automotive Finance Industry
Automotive Finance Penetration Rate for Foreign Automotive Finance Companies in China, 2012
TOP 10 Dealer Groups in Chinese Automobile Distribution Industry, 2012
Wholesale Financing Products and Corresponding Demand of Dealers in China
Major Finance Institutions Contrast in Chinese Auto Wholesale Financing Market
Stock Finance Product Based on Single Car Loan of Automotive Finance Companies
Responsibility and Benefits for Related Parties in Stock Finance Service of Joint Loan
Auto Dealers’ Finance Consumption
Auto Consumption Loan Balance in China, 2001-2012
Personal Automobile Consumption Loan of Commercial Banks in China, 2008-2011 
Suppliers Contrasts of Automotive Consumption Finance Products in China
Market Shares of Automotive Consumption Credit in China, 2011
Market Shares Forecast of Automotive Retail Financing in China, 2015E
Classification of Automobile Leasing Companies in China
Automotive Operation Lease Companies in China
Financing Channels of Automotive Leasing of Hertz
Business Model of Auto Finance Lease Companies
Business Model of Leasing and Used Car Trading
Finance Lease Sample of Mercedes-Benz Auto Finance (China)
Trading Volume of Used Car and Its YoY Change in China, 2000-2012
Used Car Trading Flow in American Market
Managed Brands of Volkswagen Financial Services AG
Development Course of Volkswagen Financial Services AG
Main Operating Indicators of Volkswagen Financial Services AG, 2008-2012
Contracts Number of Volkswagen Financial Services AG by the end of 2012
Global Distribution of Toyota Financial Services
Organization Structure of Toyota Financial Services  
Main Operating Indicators of TMCC, FY2009-FY2013   
Products and Services of TMCC
Main Operating Indicators of BMW, 2008-2012
Retail Finance of Financial Services of BMW (by Region), 2012
Revenue Structure of BMW (by Segments), 2012-2013
EBIT-Margin of BMW, 2012-2013
Automotive Finance Business of Daimler AG
Main Operating Indicators of Automotive Finance of Daimler AG, 2010-2012
Revenue Structure of Daimler AG (by Segments), 2012-2013
EBIT Structure of Daimler AG (by Segments), 2012-2013
Main Operating Indicators of Volvo Group, 2008-2012
Revenue Structure of Volvo Group (by Segments), 2012
Net Sales and Operating Income of Volvo Group (by Segments), 2012-2013
Assets of Volvo Group, 2012-2013
Automotive Finance Companies in China
GMAC-SAIC’s Operation in 2012
Marketing Network of GMAC-SAIC
Automotive Loan Products of GMAC-SAIC
Main Operating Indicators of GMAC-SAIC, 2009-2012
Asset-liability Ratio, Capital Adequacy Ratio and NPL Ratio of GMAC-SAIC, 2011-2012
Wholesale Finance of GMAC-SAIC, 2012
Franchise Model of GMAC-SAIC
Financing Measures of GMAC-SAIC
Development Course of Volkswagen Finance China Company Limited
Management Brands of Volkswagen Finance China Company Limited
Automotive Loan Products of Volkswagen Finance China Company Limited
Automotive Loans Products of SKODA Finance
Automotive Loan Products of Toyota Auto Finance (China)
Finance Solution of LEXUS Finance
Automotive Loan Products of Ford Motor Credit Company (China)
Used Car Trade-in Flow of Ford Motor Credit Company (China)
Used Car Certification Flow of Ford Motor Credit Company (China)
Loan Sample of Mercedes-Benz Auto Finance (China)
Leasing Example of Mercedes-Benz Auto Finance (China)
Auto Insurance Program of Mercedes-Benz Auto Finance (China)
Auto Loan Process of Dongfeng Peugeot Citroen Auto Finance Company
Finance Service of Construction Equipments of Volvo Automotive Finance (China)
Shareholders Introduction of Dongfeng Nissan Auto Finance
Development Course of Dongfeng Nissan Auto Finance
Automotive Loan Products of Dongfeng Nissan Auto Finance
Automotive Loan Products of INFITI Finance
Main Operating Indicators of Dongfeng Nissan Auto Finance, 2012-2013
Auto Loan Products of Chery Motor Finance Service
Main Operating Indicators of GAC-SOFINCO Automobile Finance, 2012
Auto Loan Products of BMW Automotive Finance (China)
Development Course of Sany Auto Finance
Business Introduction of Sany Auto Finance
Overseas Companies of Sany Auto Finance
Automotive Loan Products of FAW Auto Finance
Main Operating Indicators of Beijing Hyundai Auto Finance, Q1 2013
Passenger Car Sales in China, 2013-2016
Automotive Finance Penetration Rate in China, 2013-2016
Ecological System of Auto Finance

OEMs’ Next-generation In-vehicle Infotainment (IVI) System Trends Report, 2024

OEMs’ Next-generation In-vehicle Infotainment (IVI) System Trends Report, 2024 released by ResearchInChina systematically analyzes the iteration process of IVI systems of mainstream automakers in Chin...

Global and China Automotive Lighting System Research Report, 2023-2024

Installations of intelligent headlights and interior lighting systems made steady growth. From 2019 to 2023, the installations of intelligent headlights and interior lighting systems grew steadily. I...

Automotive Display, Center Console and Cluster Industry Report, 2024

Automotive display has become a hotspot major automakers compete for to create personalized and differentiated vehicle models. To improve users' driving experience and meet their needs for human-compu...

Global and China Passenger Car T-Box Market Report, 2024

Global and China Passenger Car T-Box Market Report, 2024 combs and summarizes the overall global and Chinese passenger car T-Box markets and the status quo of independent, centralized, V2X, and 5G T-B...

AI Foundation Models’ Impacts on Vehicle Intelligent Design and Development Research Report, 2024

AI foundation models are booming. The launch of ChapGPT and SORA is shocking. Scientists and entrepreneurs at AI frontier point out that AI foundation models will rebuild all walks of life, especially...

Analysis on Geely's Layout in Electrification, Connectivity, Intelligence and Sharing

Geely, one of the leading automotive groups in China, makes comprehensive layout in electrification, connectivity, intelligence and sharing. Geely boasts more than ten brands. In 2023, it sold a tota...

48V Low-voltage Power Distribution Network (PDN) Architecture Industry Report, 2024

Automotive low-voltage PDN architecture evolves from 12V to 48V system. Since 1950, the automotive industry has introduced the 12V system to power lighting, entertainment, electronic control units an...

Automotive Ultrasonic Radar and OEMs’ Parking Route Research Report, 2024

1. Over 220 million ultrasonic radars will be installed in 2028. In recent years, the installations of ultrasonic radars in passenger cars in China surged, up to 121.955 million units in 2023, jumpin...

Automotive AI Foundation Model Technology and Application Trends Report, 2023-2024

Since 2023 ever more vehicle models have begun to be connected with foundation models, and an increasing number of Tier1s have launched automotive foundation model solutions. Especially Tesla’s big pr...

Qualcomm 8295 Based Cockpit Domain Controller Dismantling Analysis Report

ResearchInChina dismantled 8295-based cockpit domain controller of an electric sedan launched in December 2023, and produced the report SA8295P Series Based Cockpit Domain Controller Analysis and Dism...

Global and China Automotive Comfort System (Seating system, Air Conditioning System) Research Report, 2024

Automotive comfort systems include seating system, air conditioning system, soundproof system and chassis suspension to improve comfort of drivers and passengers. This report highlights seating system...

Automotive Memory Chip and Storage Industry Report, 2024

The global automotive memory chip market was worth USD4.76 billion in 2023, and it is expected to reach USD10.25 billion in 2028 boosted by high-level autonomous driving. The automotive storage market...

Automotive AUTOSAR Platform Research Report, 2024

AUTOSAR Platform research: the pace of spawning the domestic basic software + full-stack chip solutions quickens. In the trend towards software-defined vehicles, AUTOSAR is evolving towards a more o...

China Passenger Car Electronic Control Suspension Industry Research Report, 2024

Research on Electronic Control Suspension: The assembly volume of Air Suspension increased by 113% year-on-year in 2023, and the magic carpet suspension of independent brands achieved a breakthrough ...

Global and China Hybrid Electric Vehicle (HEV) Research Report, 2023-2024

1. In 2025, the share of plug-in/extended-range hybrid electric passenger cars by sales in China is expected to rise to 40%. In 2023, China sold 2.754 million plug-in/extended-range hybrid electric p...

L3/L4 Autonomous Driving and Startups Research Report, 2024

The favorable policies for the autonomous driving industry will speed up the commercialization of L3/L4. In the second half of 2023, China introduced a range of policies concerning autonomous drivin...

Intelligent Vehicle Cockpit-driving Integration (Cockpit-driving-parking) Industry Report, 2024

At present, EEA is developing from the distributed type to domain centralization and cross-domain fusion. The trend for internal and external integration of domain controllers, especially the integrat...

Global and China Automotive Operating System (OS) Industry Report, 2023-2024

Chinese operating systems start to work hard In 2023, Chinese providers such as Huawei, Banma Zhixing, Xiaomi, and NIO made efforts in operating system market, launched different versions with competi...

2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号