# auto finance
Latest news and articles about auto finance
Total: 2 articles found
China auto executive urges policy parity for petrol and electric cars to kick‑start consumption
Liu Yiyan, a SAIC Volkswagen executive and NPC deputy, has proposed that China stop differentiating between conventional and new energy vehicles in future subsidy and policy design, and accelerate measures to boost auto consumption, finance, autonomous driving laws, and AI‑auto talent development. Her recommendations aim to unlock short‑term demand while urging clearer legal frameworks for automated vehicles and deeper ties between industry and education.
China’s EV Makers Sell Longer Loans, Not Cheaper Cars: Seven‑Year Finance Rides to the Rescue
Chinese automakers have adopted seven‑year low‑interest loan packages to sustain EV sales as regulators curb below‑cost discounts and purchase tax incentives are scaled back. The offers lower monthly payments but raise total borrowing costs, shift ownership and resale risks onto buyers, and increase exposure for non‑bank financiers.