Global Automotive Financing Market Share 2018-2023: BANK OF AMERICA, ALLY FINANCIAL, HITACHI CAPITAL ASIA-PACIFIC,HDFC, Amongst Others

Summary:- (New Report On Global Automotive Financing Market-Growth, Trends, and Forecast (2018-2023) added to Orbisresearch.com store which has 108 pages)

The Automotive Financing market has already matured in the industrialized nations, but there are untapped opportunities in the developing countries, where the market has extremely low penetration. The major laggards in the world are Latin American and Eastern European countries, where some countries have registered a double-digit fall in vehicle sales in the past five years. Brazil, which was a big contributor to the car market, has suffered one of the biggest falls in the past few years. The economic recession continued well into 2017, and the Brazilian market is expected to continue to lag. One of the chief reasons for the low automobile sales in the African countries is the unavailability of finance options. The base interest rate in Ghana is 26%, indicating that automobile loans are out of reach for most people. This is a major cause for concern in many emerging economies. The Iran automobile market, which would otherwise offer great opportunities due to the removal of sanctions, faces a similar problem. The base rate of interest in a very promising automobile market is as high as 21%.

Request a Sample Report! Get PDF Sample Copy@ http://orbisresearch.com/contacts/request-sample/2127949

The loan market for second-hand cars would increase at a faster pace on account of increased demand from the Asia-Pacific region. The premium cars segment that had seen shrinking of market share in the past few years as customers opted to go for the luxury brands will register strong sales. Financing of premium cars will see a high rate of growth in the forecasted period. On account of strong demand in the industrialized and emerging economies, financing of passenger vehicles is forecasted to register the strongest rate of growth by 2023.

Key Developments:
January 2018: Nissan's automotive finance arm announced collaboration with AutoGravity, the automotive shopping and financing platform.

Major Players: BANK OF AMERICA, ALLY FINANCIAL, HITACHI CAPITAL ASIA-PACIFIC,HDFC, amongst others

Report Customization and Benefits:
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

Companies Mentioned:
Bank of America, Ally Financial, Hitachi Capital Asia Pacific, HDFC Bank, HSBC, Industrial and Commercial Bank of India, Bank of China, Capital One, Wells Fargo, Toyota Financial Services, BNP Paribas, Volkswagen Finance, Mercedes-Benz Financial Services, Standard Bank, Banquo Bradesco Financiamentos

To Make an Enquiry on Report@ http://orbisresearch.com/contacts/enquiry-before-buying/2127949

Major Point from Table of Content:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Findings of the Study
5. Market Overview and Trends
6. Market Dynamics
7. Global Auto Financing Market, Segmented by Source
8. Global Automotive Financing Market, Segmented by Purpose
9. Global Automotive Financing Market, Segmented by Vehicle Type
10. Global Automotive Financing Market, Segmented by Geography
11. Competitive Landscape
12. Company Profiles
12.1 Bank of America
12.2 Ally Financial
12.3 Hitachi Capital Asia Pacific
12.4 HDFC Bank
12.5 HSBC
12.6 Industrial and Commercial Bank of India
12.7 Bank of China
12.8 Capital One
12.9 Wells Fargo
12.10 Toyota Financial Services
12.11 BNP Paribas
12.12 Volkswagen Finance
12.13 Mercedes-Benz Financial Services
12.14 Standard Bank
12.15 Banquo Bradesco Financiamentos
13. Future of the Market
14. Disclaimer

Read more…

Browse full report@ http://www.orbisresearch.com/reports/index/global-automotive-financing-market-growth-trends-and-forecast-2018-2023

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas - 75204, U.S.A.

Phone No: +1 (214) 884-6817; +912064101019

Email ID: sales@orbisresearch.com

This release was published on openPR.