Automotive Finance Market to surpass $544.1 Bn by 2032, Says Global Market Insights Inc. [Yahoo! Finance]
Banco Santander, S.A. Sponsored ADR (Spain) (SAN)
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Source: Yahoo! Finance
Financial Services, Santander Consumer USA, Toyota Financial Services, Wells Fargo Auto Selbyville, Delaware, Nov. 20, 2024 (GLOBE NEWSWIRE) -- The automotive finance market valuation is predicted to reach USD 544.1 billion by 2032, reported in a research analysis by Global Market Insights Inc. This growth is primarily driven by increasing consumer demand for vehicles, particularly electric and hybrid models. As environmental awareness and sustainability become more significant, many consumers opt for eco-friendly vehicles, which often come with higher price tags. This shift emphasizes the need for accessible financing solutions to help make these advanced technologies more affordable. In response, lenders offer customized financing options, including attractive incentives and terms tailored specifically for electric and hybrid vehicle purchases. The rise of online car buying platforms has transformed the automotive sales environment, leading to an uptick in demand for automot
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SAN
Earnings
- 10/30/24 - Miss
SAN
Analyst Actions
- 9/7/24 - UBS Group AG
SAN
Sec Filings
- 11/21/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/12/24 - Form 13F-HR
- SAN's page on the SEC website