Market Overview

Global Automotive Financing Market 2018-2022


Global Automotive Financing Market 2018-2022

PR Newswire

LONDON, August 15, 2018 /PRNewswire/ --

About Automotive Financing

Automotive financing refers to a range of financial products such as loan and lease that allow customers to acquire a vehicle. New and used vehicles can be acquired with the help of financing from banks, credit unions, or independent finance companies.

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Technavio's analysts forecast the Global Automotive Financing Market to grow at a CAGR of 3.21% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the automotive financing market. To calculate the market size, the report considers the revenue generated from automotive financing.

The market is divided into the following segments based on geography:
• Americas

Technavio's report, automotive financing market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Ally Financial
• Daimler
• Ford Motor Credit
• Toyota Financial Services
• Volkswagen Financial Services

Market driver
• Rise in cab service financing
• For a full, detailed list, view our report

Market challenge
• Increase in ride-sharing services
• For a full, detailed list, view our report

Market trend
• Rise in the demand for EVs
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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