The Research In Credit Risk Of Auto Financial Company In China

With the rapid development of Chinese economy,the automobile industry continues to expand,a large number of auto companies are also constantly involved in the automotive finance industry,the automotive financial services begins replacing of the traditional business model,which includes the replacement manufacturing,vehicle production and car sales.At the same time,along with the rapid expansion of people's consumption and the growing of car holdings,consumer credit is also getting the enormous development.This thesis studies the credit risk of Chinese auto finance service based on its basic concept,characteristics the business model and the comparison of the status and model between domestic and international automobile finance industry,.First of all,the actual case of FAW automobile finance is introduced.Through the summary of the development status of the enterprise over the years,the characteristics of its consumption credit risk,the analysis of the causes of risk,the exploration of the factors of enterprise development,and the statistics of corporate credit data in recent years,the author provides an effective practical demonstration and theoretical support for the automotive finance and the future decision-making of car manufacturers.Finally,according to the theoretical and practical case analysis above,some practical suggestions have been put forward about how to prevent automobile financial consumption credit risk.