Thailand Auto Finance Market is expected to generate more than THB 1.7 Trillion credit disbursed in 2026F driven by Growth in Online Retail and Logistics: Ken Research Thailand’s Auto Finance Market is in the maturity stage, driven by road infrastructure development, economic growth in the country, and a dramatic increase in trading partners and export earnings. Major entities in the market are Banks and Captives that are 90-100 years old offering variety of financing services. Thailand’s market uses the traditional way of… Read More »
Thailand auto finance market is expected to grow in the upcoming years driven by the increasing purchasing power of the consumers and EV adoption: Ken Research 1. Thailand’s auto finance market witnessed a decline in growth rate over the period of time with more than THB 1 Trillion credit disbursed in 2021 Due to the COVID-19 pandemic, vehicle loans have been disrupted for a number of reasons, including a decrease in the quantity of chips required for mass-produced automobiles. During the epidemic… Read More »
Increased usage of online platforms and technologies in auto financing are some of the key trends in Thailand’s Auto Finance Market: Ken Research Government investment and growth in online retail and logistics created a greater demand for commercial vehicles in the country, where the Auto finance market of Thailand has seen some major growth in the share of commercial vehicles post covid-19. Decline in Growth Rate: Since people purchasing power decreased due to the epidemic, there has been… Read More »
The Credit Disbursed in Vietnam Auto Finance Market is expected to reach more than VND 300 Tr during by 2026F owing to the Lower Lending Rates: Ken Research Currently 73.5% of the population in Vietnam uses a smartphone. The country aims to increase the rate to 85% by the end of 2022. In Vietnam, the total transaction value in the Digital Investment segment is projected to reach $2.88 Bn by 2023 which helps the fin-tech companies to grow further in the country. The… Read More »
Banks are Predicted to Overpower the Vietnam Auto Finance Market Owing to Lower Interest Rates Compared to Other Financial Institutions – Ken Research 1. Issues such as supply chains, finance, and human resources during the pandemic, pressurizing businesses to adapt to new normal Due to the restriction on movement imposed during COVID-19, Vietnam experienced a significant decline in the GDP growth rate. Layoffs and pay cuts were observed during the pandemic year across industries along with the increasing… Read More »
Vietnam Auto Finance Market Analysis, Size, Challenges and Outlook to 2026: Ken Research Market Insight The report “Vietnam Auto Finance Market Outlook to 2026F- Driven by digital penetration and dominance of banks along with a shift in consumer preference from 2W to 4W. “Provides a comprehensive analysis of the Auto Finance market in Vietnam. The report covers an overview and genesis of the industry, auto finance market size;… Read More »
Vietnam’s Auto Finance Market is in its Growing Stage, Driven by Loan Lending offered by Banks, NBFCs and Influx of Online Personal Loan Aggregator Platforms in the country: Ken Research Driven by digital penetration and dominance of banks along with a shift in consumer preference from 2W to 4W in the country, Vietnam Auto finance market has seen major growth in the share of commercial vehicles post Covid-19. Growing Financial Sector: The Pandemic has resulted in the slow growth of Auto Finance where Vietnamese preferred… Read More »
