| Auto industry has developed for over one hundred years, and auto finance has contributed a lot to the booming of auto industry.In recent years,With the rapid economical development, domestical auto finance has grown up. According to the study of GM(General Motor), it is predicted that China will be the third largest auto market in the world and at that time about 50% auto sale will be completed in terms of auto finance. It is a big research subject to study how to develop China auto finance and how to provide better auto finance service for natioan auto industry in face of such a huge petential auto consumption market in China.This paper indicates the value of auto financing for the automotive industry and finance section, analyzing the current situation of auto financing in China, pointing out the main problems of Chinese auto financing and putting forward some potential solutions to these problems, based on the developed countries'experience and Chinese National Situation. This paper can be divided as following five parts: the first part introduces the basic background of auto financing, including its origins, development, function, significance and some key concepts; the second part mainly studies foreign auto financing sections and their profitability and financing mode, according to which there will be some conclusions of the developed country's experience; the third part focuses on the China's current situation and indicates some limiting factors in auto financing; the forth part will raise some possible policies and strategies in terms of western countries'mutual experience combined with Chinese National Situation, including the market environment improvement, profitability and financing mode development, and realization of the auto financing's specialization; the final part is conclusions. |
PDF Full Text Request