Articles > Newspapers > International Newspapers, Local Markets A-Lh > AsiaPulse News news wires > November 2009

Article: CHINESE CARMAKERS KEEN ON AUTO FINANCE ARMS.

Article from:
AsiaPulse News
Article date:
November 3, 2009
Copyright

BEIJING, Nov 3 Asia Pulse - Beijing lawyer Carol Ma could never imagine that she would own her second car, a BMW 525i, so soon.

"Just after the salesman introduced BMW's auto financing service to me, I made up my mind straight away at the 4S store, attracted by the easy acquisition process of the car, convenient financing procedure and favorable interest rate," said 31-year old Ma.

German luxury carmaker BMW was the first among 10 auto-financing companies to initiate the "zero interest rate" promotion campaign in China in September 2008.

After paying just 30 to 40 per cent of the total, customers could drive their BMW car away and pay the rest ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: News Analysis: Can foreign players enliven China's ...
Xinhua News Agency;  November 18, 2005 ;     700+ words ... ... foreign players enliven China's sluggish auto financing? FUZHOU, Nov. 18 ... decisive role in vitalizing China's auto financing market as they are not ... over the past years. China's auto financing used to be done mainly ...

Article: Dramatic Increase in the Auto-Financing Sector in ...
M2 Presswire;  February 12, 2004 ;     700+ words ... ... in November 1999 foreign auto financing in China is part of the wider trade ... consumers. 2. Key Facts Auto financing in China is a relatively new sector ... overall retail sales in China, auto financing saw its most significant ...

Article: FRENCH CAR MAKER SET TO EMBARK ON AUTO FINANCING ...
AsiaPulse News;  January 11, 2006 ;     700+ words ... ... expected to embark on an auto financing business in China with its local car venture ... be a big jump in the auto financing business in China over the next two to ... vehicle producer's China auto financing branch launched in August ...

Article: Research and Markets: Auto Financing in ...
M2 Presswire;  April 12, 2005 ;     700+ words ... ... Research and Markets: Auto Financing in China: A Market Analysis(C ... announced the addition of Auto Financing in China: A Market Analysis to their ... in November 1999 foreign auto financing in China is part of the wider trade ...

Article: AUTO FINANCING TO ENRICH CHINA'S CREDIT ...
AsiaPulse News;  August 18, 2004 ;     700+ words ... ... On August 17, China's central bank ... new guidelines on auto financing to give more kinds ... financing services in China are now mainly ... automakers initiate auto financing companies mainly ... backbone industry in China's economy, and ... structure. The auto financing ...

Article: GMAC is First to Apply for Auto Financing License ...
PR Newswire;  November 12, 2003 ;     700+ words ... ... application after the China Banking Regulatory ... announced the auto financing regulations ... deliver the best auto financing practice to China. This joint ... etc. Its auto financing business has ... covered the entire China via the SAIC ...

Article: CHINA TO OPEN AUTO FINANCING MARKET.
AsiaPulse News;  April 21, 2003 ;     700+ words ... ... time is ripe for China to set up specialized auto financing companies, as ... level, he said. China's auto financing market has great ... General Motors (China) Group said the ... anxious to provide auto financing to Chinese customers ...

Article: CHINA ISSUES RULES GOVERNING AUTO FINANCING ...
AsiaPulse News;  October 8, 2003 ;     696 words ... ... institution to provide auto financing services. Accordingly, China's regulatory authority ... comments, a study of China's auto financing market, and numerous ... the cultivation of an auto financing market in China characterized with ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives