Global Automotive Financing Market 2016-2020

  • ID: 3633364
  • Report
  • Region: Global
  • 45 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Ally Financial
  • BMW
  • Chase Auto Finance
  • Deutsche Bank
  • HDFC Bank
  • HSBC
  • MORE
About Automotive Financing

The automotive financing business is creating new revenue generating opportunities for banks. This market's pricing and distribution strategies are very different from other forms of consumer finance asset classes. Captive lenders dominated the market until the 2007 financial crisis, which led to the decline of many top vendors and caused others to scale back. Some of the major automotive finance providers are banks, credit unions, and non-banking finance company.

Automotive lending is one of the fastest-growing asset classes in retail banking. This growth is attributed to the rise in new car sales since 2014. The development of automotive financing markets offers banks opportunities to expand their market share. Automotive finance’s prevailing third-party approach to distribution means that lenders in need of revenue can grow different assets and income without a substantial hike in their distribution costs during the forecast period.

The analysts forecast the global automotive financing market to grow at a CAGR of 4.56% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive financing market for 2016-2020. To calculate the market size, the report considers the total automotive financing offered for new cars and used cars in G20 countries.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive Financing Market 2016-2020, 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
- Chase Auto Finance
- Ford Credit
- Toyota Financial Services
- Wells Fargo Dealer Services

Other prominent vendors
- Bank of America
- BMW
- BNP Paribas
- Citibank
- Daimler Financial Services
- Deutsche Bank
- HDFC Bank
- Honda Financial Services
- HSBC
- ICICI Bank

Market drivers
- Reduction in interest rates
- For a full, detailed list, view the full report

Market challenges
- No direct interaction with borrowers
- For a full, detailed list, view the full report

Market trends
- Development and enhancement of motor vehicles
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Ally Financial
  • BMW
  • Chase Auto Finance
  • Deutsche Bank
  • HDFC Bank
  • HSBC
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Interest rate analysis
PART 06: Geographical segmentation
  • APAC automotive financing market
  • Automotive financing market in the Americas
  • Automotive financing market in EMEA
PART 07: Market drivers

PART 08: Impact of drivers

PART 09: Market challenges

PART 10: Impact of drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape
  • Competitive landscape
  • Major company overview
  • Recent developments
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviation
PART 14: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Use of data-driven tool for lenders
Exhibit 03: Global automotive financing market 2015-2020 ($ trillions)
Exhibit 04: G20 automotive sales versus global automotive financing
Exhibit 05: Result of correlation analysis
Exhibit 06: Average interest rate analysis 2015-2020 (%)
Exhibit 07: Interest rate of new cars 2010-2020 (%)
Exhibit 08: Interest rate for used cars 2010-2020 (%)
Exhibit 09: Interest rate for all cars 2010-2020 (%)
Exhibit 10: APAC automotive financing market 2015-2020 ($ trillions)
Exhibit 11: Automotive financing market in the Americas 2015-2020 ($ trillions)
Exhibit 12: Automotive financing market in EMEA 2015-2020 ($ trillions)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Price to earnings ratio 2015
Exhibit 16: Price to sales (TTM) 2015
Exhibit 17: Total debt to equity ratio 2015
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Ally Financial
  • BMW
  • Chase Auto Finance
  • Deutsche Bank
  • HDFC Bank
  • HSBC
  • MORE
New Report Released: – Global Automotive Financing Market 2016-2020

The author of the report recognizes the following companies as the key players in the Global Automotive Financing Market: Ally Financial, Chase Auto Finance, Ford Credit, Toyota Financial Services and Wells Fargo Dealer Services.

Other Prominent Vendors in the market are: Bank of America, BMW, BNP Paribas, Citibank, Daimler Financial Services, Deutsche Bank, HDFC Bank, Honda Financial Services, HSBC and ICICI Bank.

Commenting on the report, an analyst from the research team said: “The growing use of sensors and telematics systems means that information about vehicles and driver behavior is widely collected across different geographies. Manufacturers and dealers can use telematics to offer proactive services, such as alerting the vehicle owner about upcoming maintenance or repair and suggesting tie-ins with insurers. Many OEMs collect vehicle and customer data and strategies are being formulated to ensure the prudent utilization of vehicle and customer data over the forecast period.”

According to the report, one of the most common factors aiding the growing need for automotive leasing is that it allows consumers the use of a feature-rich vehicle, without straining discretionary incomes. Vehicle today are technologically more sophisticated and driverless cars may well become the reality of the future, considering today's trends. Connected cars, like connected homes, are becoming more common.

Further, the report states that automotive financing lacks standardization, thus making it much harder to compare the loans offered and pricing mechanisms. Lenders also have differences in terms of credit profile, LTV limitations, loan terms, and age of vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- Ally Financial
- Chase Auto Finance
- Ford Credit
- Toyota Financial Services
- Wells Fargo Dealer Services
- Bank of America
- BMW
- BNP Paribas
- Citibank
- Daimler Financial Services
- Deutsche Bank
- HDFC Bank
- Honda Financial Services
- HSBC
- ICICI Bank.
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll