Malaysia Automotive Finance Industry is expected to grow at a CAGR of ~3% between 2022-2026 owning to increasing passenger car sales, upcoming brand-new car models and strict government regulations: Ken Research
UAE Auto Finance Market is estimated to grow at a positive CAGR of ~17% in between 2022E and 2026F.
- UAE Auto Finance Market is estimated to grow at a positive CAGR of ~17% in between 2022E and 2026F.
- The credit disbursed market fell and experienced a downfall due to factors like Covid outbreak and semiconductor chip shortage.
- Automotive sales were also affected by higher shipping costs in 2021 as prices of shipping containers container freight rates have risen steeply.
- The market is still expected to a good growth in Auto Finance Market of Philippines.