Vehicle Renting & Leasi
Table of Contents
China's automotive finance market is still in the early stage of development due to consumer attitude, risk management and control, etc. While the penetration of automotive finance has exceeded 80% in the United States, India and Brazil, 60% in Japan and Western Europe, and 40% in Russia, it only achieved 15% in China in 2012, indicating huge growth potential. As the core business of automotive finance, retail financing broke a balance of...More »
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