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Automotive Financing Services Market Is Likely to Experience a Tremendous Growth by 2029

02-24-2023 06:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Automotive Financing Services Market Is Likely to Experience

The global automotive financing services market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period. The rapid shift of consumers towards electric vehicles due to rising rates of conventional vehicle fuels is generating new opportunities for the market. According to the International Energy Agency, more than 10 million electric vehicles are on roads in 2020. The Electric Vehicles Initiative (EVI) is a policy forum launched by the governments of Canada, Chile, China, Finland, France, Germany, India, Japan, the Netherlands, New Zealand, Norway, Poland, Portugal, Sweden, and the United Kingdom to accelerate the adoption of electric vehicles. Such supportive government initiatives are expected to further propel market growth during the forecast period.

To Request a Sample of our Report on Automotive Financing Services Market:  https://www.omrglobal.com/request-sample/automotive-financing-services-market

Market Coverage

The market number available for - 2022-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered- 
By Vehicle Condition
By Source Type
By Finance Type
By Vehicle Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Hitachi Ltd., Bank of America Corp., Ford Motor Credit Co., Toyota Financial Services, Volkswagen Financial Services

Automotive Financing Services Market Report Segment

By Vehicle Condition

New Vehicles
Used Vehicles

By Source Type

OEMs
Banks
Others (including credit union and financial institutes)

By Finance Type

Direct
Indirect

By Product Type

Passenger Vehicles
Commercial Vehicles

A full Report of Automotive Financing Services Market is Available at:  https://www.omrglobal.com/industry-reports/automotive-financing-services-market

Automotive Financing Services Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Ally Financial Inc.
Banco Bradesco SA
Bank of America Corp.
Bank of China
BNP Paribas SA
Capital One Financial Corp.
Chase Auto Finance
Daimler Financial Services
Ford Motor Credit Co.
GM Financial Inc.
HDFC Bank Ltd.
Hitachi Ltd.
HSBC Holdings Plc
ICBC
Mercedes-Benz Financial Services (Daimler AG)
Standard Bank Group Ltd.
Toyota Financial Services
Volkswagen Financial Services
Wells Fargo & Co.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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