The Research Of Mode Of Auto Financing Leasing In China

In recent years, auto industry is developing rapidly in China. With the decreasing sales profits, OEMs and dealers no longer devote themselves to purchasing sales profits, instead of transferring to auto aftermarket service, which is not paid much attention previously. Auto financing is one of the representative ones. Under this circumstance, auto financing leasing emerged as an important part of auto financing,After more than sixty years’development in western countries, auto financing leasing is still a sunrise industry. The main reasons, such as backward risk management ability, incomplete laws and regulations, narrow financial channels, interest rates risk and exchange rates risk, become the obstacles to the further development,among which backwards risk management ability and narrow financial channels are the two main reasons. How to control the risk to the minimum and enlarge financial channels? I try analyzing the two issues with the example of company C.Chapter One introduces the background and significance of the topic, thesis content and method, reviews relevant research home and abroad. Chapter Two introduces the concept, basic procedures, module and characteristic. Chapter Three starts with origin and present situation and draws lessons from United States advanced experience. Then it reveals the two bottlenecks-backward risk management ability and narrow financial channels.Chapter Four is the key one and chooses company C as the example. Firstly it uses CAMELS model and duration matching model to match credit risk and capital risk. Then it compares unique financing with combined financing to company C.In Chapter Five,the issues of company C have been merged into the whole industry. Chapter five puts forward some suggestions on establishing overall risk management system and creative financing channels. Moreover, second-hand auto financing leasing has been suggested after analyzing the great potential of second-hand auto market.