Indonesia Auto Finance Market Shifts into High Gear: $20 Billion by 2026 Fueled by Growing Middle Class and Ownership Aspirations: Ken Research [Yahoo! Finance]
Commercial Vehicle Group, Inc. (CVGI)
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Source: Yahoo! Finance
Individual borrowers dominate, but captive finance companies gain traction. Fintech disrupts with digitalization. Risk management, regulation, and EV financing shape the future. Gurugram, India, May 15, 2024 (GLOBE NEWSWIRE) -- Buckle up for a high-octane ride! The Indonesian auto finance market is poised for significant growth, reaching a projected value of $20 billion by 2026, according to a compelling report by Ken Research, "Indonesia Auto Finance Market Outlook to 2026 - Fueled by a Growing Middle Class and Expanding Ownership Aspirations." This press release explores the key trends driving this dynamic market and offers valuable insights for auto finance companies, banks, and automotive manufacturers. Growth Drivers: Accelerating Loan Disbursement Several key trends are paving the way for a robust auto finance market in Indonesia: Soaring Disposable Income: A significant rise in disposable income among Indonesians, particularly the expanding middle class, is fueling a de
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CVGI
Earnings
- 8/5/24 - Miss
CVGI
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- 10/31/24 - Form 8-K
- 10/15/24 - Form SC
- 10/2/24 - Form 8-K
- CVGI's page on the SEC website