Classification: AUTO FINANCING
Hyundai Motor, BAIC set up China auto financing venture [2016-09-26]

Hyundai Motor Group said on Tuesday it had established an auto financing venture in China with Chinese state automaker BAIC Group, that will help it take advantage of growing interest in car loans in a market where most consumers still pay with cash.

Volkswagen Financial Services completes its third Chinese Auto ABS [2016-01-15]

BRAUNSCHWEIG – Volkswagen Financial Services completed its third Chinese Auto ABS (Asset-Backed Security) transaction with a volume of around ¥3 billion ($484 million), according to a company news release on January 12.

VW Financial Services completes first PBOC-registered ABS in China [2015-07-20]

BEIJING – Volkswagen Financial Services AG completed its second auto loan ABS transaction with a volume of around ¥1.

China auto loan over ¥600 billion in 2014 [2015-07-14]

China’s auto financing loan balance reached over ¥600 billion ($96.

SAIC-GMAC completes 4th auto loan ABS transaction [2015-07-14]

SHANGHAI – SAIC-GMAC Automotive Finance Co., Ltd. (SAIC-GMAC) said in a statement on June 26 that it recently completed its forth auto loan Asset-Backed Securities (ABS) transaction, named Rong Teng 2015-1.

Study: Dealer satisfaction with finance providers declines in 2015 [2015-07-06]

SHANGHAI – The failure of finance providers to meet rising demands from auto dealers resulted in lower satisfaction, according to the J.

China to beef up consumer credit rating [2015-03-17]

China is to beef up consumer credit rating, according to a circular, “Notice on Preparatory Work to Conduct Consumer Credit Rating,”

China's auto financing market in 2014 [2015-03-17]

The 2014 Anting Auto Financing Forum was held on December 11 to discuss the current situation of automobile financing in China.

BYD auto finance company receives government approval [2014-09-30]

GUANGZHOU – Chinese automaker BYD announced on September 3 that its auto finance company to be set up in Xi’

Brilliance Auto to build auto finance company in China [2014-09-29]

BEIJING – Chinese automaker Brilliance Auto signed an official agreement with BEA and Spanish CaixaBank to set up an auto finance joint venture in China on September 25, according to a report on auto.