August, the newly established Beijing Chery Automobile finance companies and other four cities will be as a pilot, launched its personal car loans business. It is understood that the current brand vehicles in the financial services, less than 5 million cars basically any loans, dealers said Chery, Chery 5 million for the purchase of the following models of individual users can also enjoy the services Chery financial companies. This not only reduces the dealer's business risks, while meeting some middle and low vehicle potential consumer demand.
promotions continue to force car prices sent automobile finance
Currently, the auto finance is becoming an important part of corporate profits. It is reported that part of the auto finance company in the past year have made a profit, Chery Finance Corporation was established in April of this year, the established one year without a loss, the second and third year of making a profit target. and other independent auto companies also became interested in auto financing company, Brilliance, JAC, Chang preparation of financial companies have put on the agenda, awaiting final approval.
Currently, Chery finance company personal car business from consumer loans, dealers purchasing vehicles, equipment loans and operating loans, car financing and leasing business segment constitutes 12 next Chery profits amount to account for half of the total profits of all businesses.
in the joint venture brands,bailey UGG boots, auto financing has become an important means to enhance sales, promotions continued. Dongfeng Peugeot 4S stores, recently launched the I pay at the fastest approval, 10 million car buyers could save consumers stages 5600 yuan loan interest.
Beijing in March this year for Modern Sports & other vehicles launched the month period, the company sold cars in the consumer credit volume has doubled. data show that in March and May this year, Beijing Hyundai's consumer credit volume reached 439 and 1029, turnover doubled for Sports & sales hit record highs the aid of the hand.
from the actual results look favorable for the automobile consumption by the consumer credit policy, most brands only account for about 10% of sales ratio. information and data show that domestic car consumption the proportion of loans accounted for only 3.5% in 2005, then gradually recovered and reached 7.4% in 2007 but still 70% to 80% of foreign loans for the proportion of very different car.
However, currently in Beijing, Shanghai, Guangdong Province, the proportion of personal loans car gradually increased the proportion of loans some of the brand has reached 30% to 40% compared to the domestic automobile credit market had increased to 7% of the share has now more than 20%, an increase of one into still more.
Survey: young businessman is also favored loans accounted Bacheng
car loan auto loans in the current consumption of the population, young people accounted for the largest share. Dongfeng Citroen Kim Tae Beijing Kaiyuan shop sales general manager, said the loan to buy the product the customer Dongfeng Citroen, 80% are under 25 years of age to 40 years. Similarly, Cadillac general sales manager of the World Bank also said that loans to buy Cadillac Customers of the high-end models, 80% concentrated in the 30-45 age bracket. FAW Toyota, FAW Volkswagen, Chery, and other brand dealers have said the young man is now the main force of car loans , is their main target market. Thus, 25-40-year-old age group of young people, has a loan to buy a car in the main crowd.
young man just out of college, with dealers saying that Consumer spending power is not the desire, The This method can effectively avoid the
than young, the businessmen are also quite popular car loans. According to Chery Beijing integrity of Sales Su Qiang, director of the company's sales introduced in the usual car loan business, in addition to other young people to buy low-priced car QQ type, the car is basically a businessman.
auto finance companies involved in leasing business to expand profit model
3 months, Mercedes - Benz Auto Finance Ltd. in Beijing announced the formal launch of its car rental business has become China Banking Regulatory Commission approved the lease of the first to obtain license and car rental business in China's auto finance companies. rental service launched, many consumers will be the lowest monthly payment and deposit to open your favorite Mercedes-Benz car to go home, without having to disposal of old cars and care, and easier for customers to accurately plan investment, simplify the budget. Mercedes - Benz Auto Finance Ltd car leasing business has to meet specific client's cash flow plan to ensure spending within budget, fully meet the needs of customers .
learned, Mercedes - Benz Auto Finance Ltd. will be the first focus of our business focus on business users, fleet leasing companies and hotel industry, the main scope of business in Beijing, but also started a nationwide through its retail sector the business gradually expanded to more private consumer, the leasing business will also cover insurance services.
At the same time, the Chinese government approved, Fiat Automotive Finance Co., Ltd. (Fiat auto finance company) will be carried out Chinese construction machinery and equipment for financial leasing industry.
Fiat Auto Financial Corporation has received approval of China Banking Regulatory Commission to expand the business scope, carried out based on financial leasing of existing products. At present, Fiat Finance Corporation Fiat Group's subsidiaries in China and joint ventures to provide retail customers and dealers and dealer financing.
the rapid development of industry-wide in 2008 for the first time the overall profitability
6 month, the disclosure of information, said China Banking Regulatory Commission, as at the end of 2008, the Chinese auto finance company's total assets reached 38.115 billion yuan, the first time the whole industry as a whole to profitability. Last year, GMAC-SAIC Automotive Finance Co., Ltd. launch asset securitization program, but also our the first based on the automobile mortgage assets in an asset securitization program.
evaluation of the industry, after years of development in the country staged a Ming.
historical data show that in 1998 China's auto finance ice, when the loan balance of 400 million yuan, after an average annual rate of more than 200% of the rapid growth of the end of 2003, all commercial banks auto loan balance exceeded 1800 billion.
But since 2004, due to too many bad loans, the major commercial banks, insurance companies have stopped Judai Xian, which triggered the credit crisis, automotive industry, auto finance downturn.
2007 onwards , auto finance market began to rebound. currently on the market, there are General Motors, Volkswagen, Toyota, Ford and other car 9 Sino-foreign joint finance company and the local silver emblem Chery Automobile Finance Limited in the operation.
end of 2008, our various issued by financial institutions, auto loan balance of 158.3 billion yuan,Discount UGG boots, the auto finance company has accounted for up to 20% of the good momentum of development.
Schedule:
the mainstream of auto finance companies list
: Xinhua letter Motorlink Zheng Xueqin
Authorization Status: The author posted this article authorized Sohu exclusive, rights reserved
No comments:
Post a Comment