China Automotive Finance Industry Report, 2020-2026


Source: globenewswire.com globenewswire.com

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New York, Reportlinker.com announces the release of the report "China Automotive Finance Industry Report, 2020-2026" - https://www.reportlinker.com/p04091849/?utm_source=GNW Among automotive finance companies, commercial banks, automotive financial leasing companies and internet finance firms that compete in the Chinese automotive finance market, the automotive finance companies hold superiority in licenses, resources and 4S stores, outperforming commercial banks to seize 45% market shares in 2018. As the policy of used vehicle traffic restriction is cancelled, the used car trade remains on a steady rise in China, reaching 14.92 million units with a year-on-year spike of 8% in 2019, far above the growth rate for...