As manufacturer-affiliated banks and leasing companies, captives have to align themselves with developments in two industries simultaneously: the automotive and finance sectors.
In both of these industries, we are currently experiencing the biggest transformations in their history. While car manufacturers are facing up to the electric revolution and transforming themselves from pure manufacturers to mobility service providers, the financial sector has to deal with the ongoing phase of low interest rates, increased, more complex regulatory requirements, outdated IT systems, changes in customer behaviour and the pressure to innovate and intensify competition driven by FinTechs.