Case Study On The Development Of Automobile Financial Business Of C Finance Company

The author studies the foreign representatives of auto finance companies by many methods to understand the development trend of automobile financial business.Regarding C Finance Company's auto financial business as the research object,looking for problems exposed to the development of the automobile financial business in C Finance Company.Then the author proposes targeted solutions combining the actual situation of C Finance Company with successful experience of the development in foreign auto finance business.Automobile financial business has been promoting the development of the automobile industry since the beginning of the birth.Automobile financial business has achieved the goal of fund separation in the automobile production and sale,and has been a basic model of automobile sale as well as profit means of automobile enterprises.Car manufacturers must use the automobile financial business to revitalize production funds and achieve efficient funds allocation.Hence,professional auto finance companies born into.Therefore,it is of great practical significance to study the development of auto finance business.The mature foreign automobile financial business has the characteristics of high-end profit models,diversified financing channels and perfect risk management system.Auto financial profit models of the United States includes the financing lease profit model,the investing and financing profit model,and automobile culture profit model.Financing channels of the U.S.auto financial business are also diversified.Not only do it include the commen financing channels like bank borrowings,but also the development of customer deposits,car financing and asset securitization,etc..In addition,the United States has the most mature credit rating industry in the world.The risk management system includes the perfect credit management system,the mature legal safeguard system and the necessary mortgage guarantee system.This paper makes a comprehensive introduction to the case.The author summarizes the process of auto finance businesses development in C Finance Company,and introduce them in detail according to the financial services chain of "financing-credit-credit management".On the basis of the introduction of the case,this paper analyzes the problems and the limiting factors in the development of automobile finance business of C Finance Company.Due to the small scale,the policy restriction,the competition of the industry and other reasons,C Finance Company has the problems of low profit,small scale of capital,and large business risk.Then,the author analyzes the advantages and demand of auto finance businesses in C Finance Company.In the end,due to the great demand of auto financial business in future market and specific development advantages,C Finance Company's future prospects will be very impressive so long as the current bottlenecks of business development are broken through.Therefore,in view of the problems existing in the C Finance Company,this paper draws lessons from the successful experience of foreign auto finance business,and puts forward some suggestions including broadening the financing channels,strengthening business innovation and strengthening risk management.