Automotive Finance Research Articles

Automotive Consumer Loans Risk Assessment Predictive Modeling Using Generative Adversarial Network and Stacked Autoencoder Neural Networks

In this study, we propose a predictive model for automotive consumer loans risk assessment, leveraging Generative Adversarial Networks (GANs) and Stacked Autoencoder Neural Networks (SAEs). We address issues of high dimensionality and sparsity inherent in big data environments and tackle the class imbalance problem using GANs. Feature selection is effectively carried out using SAEs. Experimental results prove the superiority of our approach over traditional neural networks and our model without GANs or SAEs. The proposed model shows significant potential for application in personal credit risk assessment within automotive finance and beyond. Future work is aimed at extending and improving our model and applying it to other domains.

Navigating Uncertainties: A Comparative Exploration of Risk Management Strategies in The Indian Auto Finance Industry Among Selected Companies

The automotive financing business in India is an essential component of the nation's economic progress. It offers customers and car manufacturers the essential financial support they require to fulfill their financial obligations. Nevertheless, this industry is confronted with a plethora of uncertainties, such as shifting market needs, shifting regulatory requirements, unstable economic conditions, and changing customer habits. Through the analysis of case studies of renowned companies, the research identifies significant risk factors and analyzes the efficiency of various approaches for mitigating those risks. The research makes use of a mixed-methods approach, including qualitative insights from industry professionals through interviews and surveys in addition to quantitative data analysis. The findings shed light on a variety of techniques, including credit risk assessment models, the diversification of loan portfolios, the adoption of sophisticated analytics, and the deployment of rigorous compliance frameworks. Furthermore, the research sheds light on the role that technology advancements, such as blockchain and artificial intelligence, play in boosting the capacities of risk management. The comparison highlights considerable disparities in the efficiency of strategies, which are driven by factors such as the size of the organization, its position in the market, and its acceptance of technical advancements. This study makes a contribution to the current body of research by offering insights that can be put into practice by industry practitioners and policymakers in order to improve the resilience and sustainability of the Indian auto financing sector in the face of uncertainty. The findings that were obtained are intended to provide assistance to businesses in the process of refining their risk management frameworks, therefore generating a financial climate that is more stable and secure.

Measuring the Level of HRIS Governance Capability in the Automotive Financing Company Using COBIT 2019

Measuring the Level of HRIS Governance Capability in the Automotive Financing Company Using COBIT 2019

汽车金融公司多维盈利能力分析工具的应用探索

This article combines the theoretical research and practice of domestic and foreign experts on automotive finance, and uses principal component analysis to select ROE, ROA, and RCRA to construct a comprehensive index representing the company's profitability. Based on the four dimensions of the balanced scorecard, this paper analyzes the possible factors that affect the efficiency index of auto financing companies, and then uses the Delphi method method to obtain the final Index set. Combining the industry situation of auto financing companies, this paper selects the influencing factors. On the basis of the existing research results, this paper designs a model for the correlation between profitability and enterprise growth, non-performing loan ratio, and empirically studies all 25 domestic auto financing companies from 2011 to 2020, Analyze the relationship between various factors that affect profitability, and finally propose reasonable suggestions based on research conclusions and the actual situation of China's automotive finance industry.

Credit risk assessment mechanism of personal auto loan based on PSO-XGBoost Model

As online P2P loans in automotive financing grows, there is a need to manage and control the credit risk of the personal auto loans. In this paper, the personal auto loans data sets on the Kaggle platform are used on a machine learning based credit risk assessment mechanism for personal auto loans. An integrated Smote-Tomek Link algorithm is proposed to convert the data set into a balanced data set. Then, an improved Filter-Wrapper feature selection method is presented to select credit risk assessment indexes for the loans. Combining Particle Swarm Optimization (PSO) with the eXtreme Gradient Boosting (XGBoost) model, a PSO-XGBoost model is formed to assess the credit risk of the loans. The PSO-XGBoost model is compared against the XGBoost, Random Forest, and Logistic Regression models on the standard performance evaluation indexes of accuracy, precision, ROC curve, and AUC value. The PSO-XGBoost model is found to be superior on classification performance and classification effect.

Analisis Pengaruh Aspek Keperilakuan Terhadap Sistem Informasi Akuntansi

The purpose of this study was to analyze the behavioral aspects of the accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch is a service company engaged in banking, especially in the automotive financing sector.The purpose of this study was to analyze the behavioral aspects of the accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch is a service company engaged in banking, especially in the automotive financing sector.From hypothesis testing, it is found that behavioral aspects (behavior, motivation, perception) have no significant effect on the accounting information system run by the company.In this study, attitudes have no significant effect on the accounting information system because employees do their work in accordance with applicable rules so that behavior is classified as good. Motivation also has no significant effect on accounting information systems. This shows that the company''s management has motivated employees in the form of rewards or moral support. Perception also has no significant effect on the existing accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch. This is because the way of thinking, tasks and work done by employees is good.

Analysis of the Influence of Behavioral Aspects on Accounting Information Systems (Case Study at PT. Mandiri Tunas Finance Bengkulu City Branch)

The purpose of this study was to analyze the behavioral aspects of the accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch is a service company engaged in banking, especially in the automotive financing sector.The purpose of this study was to analyze the behavioral aspects of the accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch is a service company engaged in banking, especially in the automotive financing sector.From hypothesis testing, it is found that behavioral aspects (behavior, motivation, perception) have no significant effect on the accounting information system run by the company.In this study, attitudes have no significant effect on the accounting information system because employees do their work in accordance with applicable rules so that behavior is classified as good. Motivation also has no significant effect on accounting information systems. This shows that the company''s management has motivated employees in the form of rewards or moral support. Perception also has no significant effect on the existing accounting information system at Pt. Mandiri Tunas Finance Bengkulu branch. This is because the way of thinking, tasks and work done by employees is good.

Analysis and Design Information System Development of IT Care Application in Astra Credit Company

Business competition that keep intensify in automotive financing services provider field encourages all companies involved to continue improving themselves in order to competing with other companies, one of the ways is to utilize Information Technology (IT). Astra Credit Company (ACC) is one of automotive financing service provider which has already applied IT. As a big company, the large scale of the utilization of IT in ACC also raised the need for managing the IT Helpdesk. Currently ACC already uses an application to support IT Helpdesk business process called IT Care. But as the development of business process and the changing needs of the company, the system is no longer able to support business process needs. Based on those needs this research was conducted to develop system design that can meet current business needs. Design and analysis process done through System Development Life Cycle methodology with Object Oriented Analysis and Design approach using Unified Model Language diagram. System analysist and design activities developed several processes i.e. Chart Of Account management based with time estimation, ticket submission, ticket assignment with consideration of staff balancing work load, completion ticket based on priority, also reporting of IT staff performance and ticket completion. Conclusions from the results of the analysis and design of IT Care systems are a proposed IT Care system design that is expected to overcome the problems in the existing IT Care system.

EVALUASI PENERAPAN AKUNTANSI PIUTANG LEASING DAN PELAPORANNYA PADA PT. ASTRA SEDAYA FINANCE DI MANADO

The emergence of leasing institutions is an attractive alternative for entrepreneurs, because currently they use cash in cash for the company's operational activities. Through the lease they can generate funds to finance the purchase of goods with a term between three years to five years or more. The object of this research is PT. Astra Sedaya Finance Manado which is the largest automotive financing company in Indonesia. The purpose of this study is to analyze the accountability of Astra Sedaya Finance in Manado. The method used with descriptive method, with data data being used with. Which will be leased, the system of recording and reporting of leasing transactions evaluate the advantages / disadvantages of the application of accounting for lease transactions and reporting of lease transactions, and draw conclusions. The results can be seen that leasing has several types and classification and criteria to determine the accounting system. The application of accounting and reporting for lease transactions at PT Astra Sedaya Finance uses a system capital lease whereby the lease may transfer ownership at the end of the lease term. Based on aspects of Recording, reporting and disclosure, the accounting treatment of leases at PT Astra Seaya Finance is in conformity with the applicable PSAK.Keywords : Leasing, Leasing Receivable Accounting, PSAK No.30

How does Wuhan Become the Regional Center of Automotive Finance?

Since 2015, in the context of the global economic slowdown, China's economy is in three overlay of the situation, urgent need for the central region of the financial market to promote the development of the real economy. Firstly, the background and significance of the construction of Wuhan auto finance regional centers as well as a brief overview of Wuhan, and Wuhan became the meaning and function of positioning auto finance regional centers were related to the introduction, in the financial district of Wuhan car center construction advantages and disadvantages, basis of the opportunities and challenges of a full indepth analysis on the proposed relevant policy recommendations to decision to provide some suggestions for the construction and development of Wuhan auto finance regional centers.

Analisis Model Peramalan Status Kredit Kendaraan Bermotor pada Astra Credit Companies (ACC) Cabang X Periode 2011

In order to increasing revenue, credit and financial institution, especially, automotive financing, gave lower interest rate. This, of course, will impact to the costumer with higher opportunity to have their dream which facilitated by those institutions. Despites to all economic risks and sales targets, credit and financial institutions have to empower their credit monitoring to anticipate earlier of credit defaults. Inspired by Altman’s research in 1968, about predicting bankruptcy of US companies, this research has purpose to determine which variable that significantly to the car loan status at Astra Credit Companies (ACC), and further continue to arrange prediction model of loan status and measure it’s accuracy level.. The statistic test shows there are 2 independent variables affect to dependent variable significantly, where model’s accuracy level achieves 100%.

Practices of Excellent Companies in the American Automotive Finance Industry

Excellent companies in the automative finance industry are considered so because of, among other things, their financial strength. In order for these companies to have achieved such status there have been strategies successfully executed by a committed workforce. Policies and procedures have been put in place in each company that ensures that employees are afforded certain basic benefits that protect their livelihood and others that reach beyond to create a more attractive environment that will help guarantee a long relationship between company and employee. The employee benefits of Toyota Motor Credit Corporation, Ford Motor Credit and Nissan Motors Acceptance Corporation are explored here in an effort to illustrate why these companies have succeeded, why some have succeeded more than others and, very importantly, how these companies are affected by the benefits that are put in place as a means of achieving long term success.

Practices of excellent companies in the automotive finance industry

The success of any company depends largely on how well its employees execute the company’s plan of action in an effort to achieve desired objectives. In an effort to secure and retain the most qualified workforce, a company attempts to compile a benefits package that ensures the member of the company is compensated fairly and is provided adequate time off for sickness, vacations, and so forth. Often a company that has the resources to enable it to be generous is faced with problems resulting from abuses that affect morale and distract and often divide teams whose members rely on one another for effective execution of daily tasks. Contends that it is the truly excellent company that can overcome problems such as these and in many cases turn them into positive experiences. However, to do so can prove a great cost to the company, as many of the above problems are not quickly repaired. Illustrates these considerations about company excellence by examples from the automotive finance industry.