What is the Size of China Car Finance INDUSTRY? : Ken Research China Car Finance market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Car Finance Market is largely driven by to the rise in sale of cars, Strong delivery network accompanied by authorized distributors to reach out to customers through both online and offline modes… Read More »
China’s Car Finance Market Will Experience An Unprecedented Transformation In The Next Few Years. Given This Tide Of The Times, Both Traditional And New Industry Players Need To Grasp The Consumer Psychology And Promote Business Efficiently: Ken Research Ecosystem of China Car Finance Market China Car Finance Market is at a growing stage and is a fragmented market. The China Car Finance market has seen emergence of more players over the past 5 years. Covid-19 has triggered the market for automotive financing. Few Major Car Finance Providers in China are Huishang Bank, Bank… Read More »
With Significant Changes in the Car Market Landscape and Increased Financing Requirements of Vehicle Buyers in China, Dealers Will Need More Diversified and Innovative Offerings by China’s Car Finance Providers: Ken Research Focus on changing consumer preferences, preferred car models, rising younger generation, reasonable rate of interest and loan tenure in the market are major factors contributing towards development of Car Financing in China. COVID-19 impact analysis: The car finance industry has recorded continuous investments for its developments and has become a massive contributor to the economic… Read More »
