Thursday, April 12, 2018

OEMs Form Chinese Leasing Unit to Attract Millennials

By comparison, 38% of vehicle sales were financed with loans, according to a December 2017 report from KPMG. “We expect that by 2022, the leasing market will grow to 15% of [passenger vehicle] sales and become a key point in the automotive value chain,” the Group PSA spokesman said. Last year ...
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