Researchmoz presents this most up-to-date research on “Global and China Automotive Finance Industry Report, 2013″. The report focuses primarily on quantitative market metrics in order to characterize the growth and evolution of the Automotive Finance Industry.
China’s automotive finance market is still in the early stage of development due to consumer 
MarketResearchsizeattitude, 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.
Visit Complete Report With TOC @ http://www.researchmoz.us/global-and-china-automotive-finance-industry-report-2013-report.html
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.
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.
Browse All Research In China Market @ http://www.researchmoz.us/publisher/research-in-china-67.html
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.
####
Related Report
1) Global Microfinance Market 2012-2016
Global Microfinance market(http://www.researchmoz.us/global-microfinance-market-2012-2016-report.html) to grow at a CAGR of 16.61% percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased focus on the untapped markets. The Global Microfinance market has also been witnessing the formation of credit bureau for microfinance institutions. However, the issue of sustainability with respect to outreach could pose a challenge to the growth of this market.
2) European Asset Finance Industry
European Asset Finance Industry(http://www.researchmoz.us/european-asset-finance-industry-business-outlook-survey-2013-industry-dynamics-market-trends-and-opportunities-marketing-spend-and-sales-strategies-in-the-asset-finance-industry-report.html) Business Outlook Survey 2013: Industry Dynamics, Market Trends and Opportunities, Marketing Spend and Sales Strategies in the Asset Finance Industry is a new report by Timetric and VRL that extensively analyzes how media spend, marketing and sales strategies, practices and business planning are set to change in 20122013 in the European asset finance industry.
About Us
ResearchMoz is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
http://www.researchmoz.us/
Blog: http://industryresearchnews.blogspot.com
Related Posts
Global and China Piano Industry Report, 2012-2013: Latest Industry Size, Share, Growth, Trends And Forecast Report Available By Marketresearchreports.biz
LG Optimus L3 II, LG Optimus L5 II and LG Optimus L7 II Smartphones to Be Unveiled in India in April
Water Infrastructure Projects Market in the US, Brazil And South East Asia : Latest Industry Size, Share, Growth, Trends And Forecast Report Available at ResearchMoz.us
Global mHealth App Performance Benchmarking Market – Worldwide Industry Share,Size,Trends,AnalysisAnd Forecast Research report: MarketResearchReports.Biz
Telecommunications For Business – Part 1
This Press Release (Worldwide and China Automotive Finance Industry 2013 : Global Market Analysis , Technologies, Players, Size, Share And Forecasts : ResearchMoz.us) Distributed By CULRAV.ORG http://www.culrav.org