1 thought on “How to view the development trend of automotive finance?”

  1. Automotive finance is based on automotive OEMs, to the upstream and downstream of the industry until the terminal consumers, and the various related financial products that are derived from the main body of the company, individuals, governments, and automobile operators. At present, compared with developed countries, my country's automotive finance market is still in the initial stage. In the future, as my country's automotive financial supervision system is becoming more and more improved, my country's automotive finance industry has more room for development. This article briefly introduces the development of my country's automotive financial market. One article takes you to understand the future development prospects of my country's automobile financial market.
    The main listed companies in the industry: SAIC Group (600104), Futian Automobile (600166), Guanghui Automobile (600297), Jianghuai Automobile (600418), GAC Group (601238), BYD (002594), huge group (601258) , Jintu shares (002488), the University of China (600704), etc.
    Is core data of this article: The scale of the development of the automotive financial market and the future market size forecast
    1. The current stage of diversified competition
    Automobile finance is based on the automotive OEMS factory, to the upstream and downstream of the industry Until the terminal consumers, various related financial products that are derived from the main body of the company, individuals, governments, automobile operators, etc., the main providers of automobile financial products include commercial banks, professional automobile finance companies, insurance companies, and rental companies. , Insurance companies and other financial institutions or related institutions.
    The auto financial services refer to a variety of financial services provided by financial institutions for the development of the automotive industry, covering the production, circulation, consumption, maintenance, and recycling of automobile production, circulation, consumption, maintenance, and recycling. And trading, related insurance, investment and other financial services. Automobile financial services have become important financial businesses in developed countries in the world, and have become a new competition for major automobile manufacturers for consumers.
    The Chinese automotive finance market has gone through five stages of development, and there are budding stages, blowout stages, stagnation stages, rejuvenation phases, and current diversified competition stages.
    2, the three major factors have helped promote the development of the industry
    In recent years, with the continuous rise in car ownership, people's awareness of consumption of automotive finance has also continued to rise. At the same time, with the development of the Internet, with the development of the Internet, the development of the Internet The barriers of automotive finance have been decreasing, and more and more companies have entered the automotive finance industry. With the development of the industry, the state has introduced a series of related policies for the industry, which has promoted the further standardized development of the automotive finance industry.
    3, the market size of the market in 20120 may exceed 2 trillion yuan
    . Since the "Administrative Measures for Automobile Financial Companies" in 2008, my country's auto finance market has improved the awareness of risk management and control, curbing the bad debts, The adverse momentum that continues to rise has entered an orderly development stage. After 2013, with the emergence of new models such as financial leasing and Internet finance, the market has entered a stage of innovation development. For more than a decade of these two stages, China's automobile finance industry has maintained an average annual high -speed growth of 24%. Although the sales of automobile sales have shocked after 2017, the growth rate of the automotive financial market has slowed down (about 20%of the annual), but the momentum is still far ahead of the changing trend of automobile sales.
    In the automotive finance report released by Roland Berg in 2020, in 2019, the overall size of my country's automotive financial market reached about 1.7 trillion yuan, of which the licensed car finance company accounted for about half of it. Prospective estimates that my country's automotive financial market size may exceed 2 trillion yuan in 2020.
    4. Participating subjects, service direction and market development have different development trends.
    In recent years, the state has introduced a series of relevant policies in the field of automobile finance. At present, my country has initially established departmental regulations for automotive finance services. Compared with developed countries, my country's automotive finance is still in the initial stage, and the industry still has huge development and rise in my country. In the future, with the steady increase in car ownership in my country, the automotive financial regulatory system will gradually improve, and the development of my country's automobile financial industry may have the following development trends:
    5, the market size of the city in 2026 may break through 5 trillion yuan
    n n n n n n n n n n n n R n Judging from the definition of automotive finance at all stages, the current Chinese automotive finance industry is in the development stage of the "generalization model", that is, the initial form of automobile finance development, in order to enhance the growth of the car consumer market and expand the car consumption of automobile consumption The total amount of the market and the credit financing model with direct consumption power as the direct goal.
    With the maturity of my country's automobile market, the amount of automobile ownership continues to rise, and the penetration rate of automobile finance will also show an upward trend. In the future, my country's automobile finance industry may maintain rapid growth. Combining the decline in the premium premiums in my country in recent years and the impact of the impact of the epidemic in 2020, the market size is expected to be more than 5 trillion yuan in the market size of my country's automotive finance industry by 2026, with a compound annual growth rate of 18%.
    It data refer to the "Analysis Report of the Chinese Automobile Financial Industry Market Prospective and Investment Strategic Planning Analysis Report" above the data.

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