Research On Customer Risk Of Automobile Financial Leasing Of Volvo Finance Company

Financial leasing is a new business model in the financial field,which has two characteristics: financing and financing.At present,in the development of China’s automobile industry,financial leasing provides a profit channel for it.In the development of financial leasing,automobile financial leasing plays an important role in promoting automobile sales and stimulating the vitality of automobile sales market.It also helps the manufacturers to expand their market share in the current fierce market environment.Due to the short development time,insufficient funds,and the credit reference system is still in the construction stage,the automobile financing industry rules and regulations are not perfect,the entry threshold is low,and some external environment constraints;more importantly,the automobile financial leasing industry’s self-management is extensive,especially the lack of scientific risk management system,resulting in many problems The development of automobile financial leasing industry is restricted.Compared with developed countries,the penetration rate of automobile financial leasing in China is at a low level.For automobile financial leasing enterprises,to expand the consumer group and improve the business volume,the most fundamental way is to give full play to the advantages of automobile financing,and then improve the ability of risk management and control,so as to protect the sustainable development of enterprises.So as to continuously inject new vitality into the enterprise.This paper takes Volvo Group Financial Service Company as the case study object,through field investigation and data analysis,based on information asymmetry theory,principal-agent theory and comprehensive risk management theory and other related theories,this paper selects Volvo Group Financial Service Company as the research object,according to the overall development characteristics of the automobile financial leasing industry,in-depth analysis of the company’s automobile financial leasing The paper establishes the risk assessment index system of leasing customers: external environment risk,internal financial risk,operational risk,management risk and other risks.The weight of each index is determined by analytic hierarchy process(AHP).On this basis,the risk assessment of main customers is carried out,including the company situation,senior management situation and existing fleet transportation The risks are relatively high,such as the operation status of the vehicle fleet after financing,the company’s risk management system and staff’s sense of responsibility,the process of automobile financial leasing,the management mechanism before and after the company’s internal financial leasing,and the guarantee situation are relatively high.Finally,on the basis of the above research content,we develop an efficient risk management and control mechanism to avoid the customer risk of automobile financial leasing: including standardizing the process of automobile financial leasing,establishing post loan management department,establishing a sound internal management system of the company,strengthening strategic alliance cooperation,so as to improve the company’s risk control ability,and carry out awareness training on managers and employees.Through the study of this paper,it can provide reference for risk control of related industries.