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2025-10-05 19:56:28 -

Digital Lending and AI: Transforming the Future of Auto Financing

The Automotive Finance Market is experiencing significant growth, driven by rising vehicle prices, low-interest rates, and increased demand for vehicles, particularly electric vehicles (EVs). Valued at USD 292.68 billion in 2024, the market is projected to reach USD 620.39 billion by 2034, growing at a CAGR of 7.80%. 1. Overview The automotive finance industry encompasses various financial...

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