Profit Model Of China's Auto Finance Inquiry

The global financial crisis has brought heavy pressure on the economy developing of all the countries which happened at the end of 2007.However, China auto industry reverse the world trend, and contributed to the steadily increase of eight percent of GDP. The auto financial industry has played an important roll among the auto industry.The auto financial company as the combination of traditional industry and financial industry, which as non banking financial institution has played more and more important roll in prompting the auto consume market; further more, it will gradually be the mail force of auto credit consume market. However, it is late to study the auto financial research in China, and we are at the early stage of the research. This dissertation will combine the real auto industry with the theory, elaborate the profit paten of auto financial and the trend of auto financial development from the market analysis,risk control management and financing innovation. Further more, it analyzes the existing block in the process of auto financial development and the trend of the auto industry.The thesis is composed of six chapters. The First chapter analyzed the contribution of auto financial industry in our economy development; elaborated the development of auto financial industry in our country and its bottleneck faced. And then it introduced the research ideas and research method, finally is the structure and expected innovation of this study. The second chapter review currently the profit patterns,risk control models and asset securitization of the auto financial industry. The third chapter aims to do comparison of the main financial institution such as auto finance companies and Banks, analyze the management pattern and the profit pattern in currently auto financial companies.The forth chapter analyze the credit default risk of the consumer and then recommend the methods of the risk control of auto financial company. The fifth chapter introduced the asset securitization of auto financial in china through the case study of SAIC financial asset securitization. The six chapter elaborated the main points of this essay, and proposed some recommendation in credit system developing,widening the scope of auto financial business and increase the financing channels.