Auto Lending Industry
Insights from D&B Hoovers

Industry Overview

Description

Companies in this industry provide sales financing for automotive purchases and leases. Major companies include Ally Financial, Ford Motor Credit, JPMorgan Chase, and Wells Fargo (all based in the US), as well as Banco Santander (Spain), Daimler Financial Services (Germany), and Toyota Financial Services (Japan).

Competitive Landscape

Demand is driven by interest rates, consumer confidence, and capital spending by businesses. The profitability of individual companies depends on their ability to originate, service, and collect loans and leases, as well as to collect fees and interest on financing products. Large companies have economies of scale in securing access to capital. Small companies can compete effectively by specializing. The US industry is highly concentrated: the top 50 companies account for more than 85% of revenue.

Products, Operations & Technology

Major products are loans and leases, each of which accounts for about half of US auto lending revenue.

Geographic Segmentation

See where the Auto Lending industry is concentrated geographically and research companies by financials and key corporate data.

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