Market Overview

Chinese Auto Finance Market to 2022: Driving Forces & Market Opportunities -


The "Research
Report on China's Auto Finance Industry - 2018-2022"
report has
been added to's offering.

It is expected that the market size of auto finance in China will exceed
CNY 1,500 billion in 2022.

Since China joined the WTO, the auto production, sales and reserves have
been growing with China's economic development. At the end of 2017,
China's auto reserves were about 156 per thousand people, far less than
that in developed countries. Therefore, there is a huge growth potential.

The auto consumer finance industry has begun to develop in China with
the increase of residents' income and the policy support of the
government. In mature markets, auto finance accounts for 20%-25% profits
of the auto value chain while in China the proportion is less than 10%.
The market size of China's auto finance industry reached about CNY 900
billion in 2017. Despite the small market size and low profitability,
there is a lot of room for growth in the future.

Current policies are favorable to China's auto finance industry. The
Chinese government encourages innovation in consumer finance, which
opens more channels for auto finance. In addition, new-round auto demand
arises as auto consumption gradually shifts from the first and second
tier cities to the third and fourth tier cities and rural areas, which
brings about more market opportunities to the auto finance industry.

Other driving forces include the development of auto consumer finance
market, huge investment, frequent financing activities, business
efficiency increased by Internet and financial technologies, and the
rapid growth of new energy vehicle market.

Topics Covered

  • Development environment of China's auto finance industry
  • Supply and demand in China's auto finance industry
  • Market competition of auto finance
  • Analysis on major auto finance enterprises in China
  • Driving forces and market opportunities for China's auto finance
  • Forecast on development of China's auto finance industry, 2018-2022

Companies Featured

  • SAIC-GMAC Automotive Finance Co. Ltd.
  • Volkswagen Finance (China) Co. Ltd.
  • FAW Auto Finance Co. Ltd.
  • Changan Auto Finance Co. Ltd.
  • Dongfeng Nissan Auto Finance Co. Ltd.

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