Automobile Finance

Financial support is inseparable to strengthen the main business of the automobile industry. Chery Group officially has started its layout in the automobile finance industry since 2009. Chery HuiYin Motor Finance is the first professional automobile finance company approved by China Banking and Insurance Regulatory Commission and jointly funded by Chinese self-brand automobile companies and Chinese local banks. According to 2018 China Consumer Auto Financing Sales Satisfaction Study (CFS) released by an internationally authoritative rating agency J.D. Power, Chery HuiYin Motor Finance ranked first in the non-luxury vehicle market segment. Up to now, Chery FS has more than 2,000,000 personal loan customers, and more than 3,000 online partners; cumulative issued loans exceeded RMB 200 billion. Its scope of business covers more than 300 cities in 31 provinces.