Africa

Details

  • Industry: Industrial, Automotive & Pharmaceutical
  • Type: Business and industry issue
  • Date: 10/10/2012

KPMG report shows new services and emerging markets are key to growth in auto leasing and financing 

New services such as mobility-as-a-service programmes, battery leasing, green fleets, and additional banking products offer new ways to generate profit for auto leasing and financing organisations.

This is true not only over the long-term horizon in the emerging markets, but also in the more established, yet mostly saturated finance and lease markets of Western Europe and the US.

 

This is one of the findings of KPMG’s report: Global Automotive Finance and Leasing: The Role of Product Diversification and Emerging Markets in Future Growth . It provides a unique and comprehensive comparison of the business environment, market potential, business characteristics and prospects between the US, Western Europe, China, India and Russia.

 

It finds that, while the risk potential is higher in the emerging markets, strong prospects exist through the offering of traditional finance services as well as the further expansion of lease and additional services business.

 

Facing lower projected car sales in Europe and increasing overcapacity and competitive pressures in the emerging markets, the finance and lease businesses of automotive original equipment manufacturers (OEMs) would stand to benefit by adjusting their operating models to meet the changing global conditions, this international report suggests.

 

Read the full story  or download the report.

 

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Contact
Gavin Maile
Partner
Tel: +27 11 647 7165
gavin.maile@kpmg.co.za