The Current State of the Top Auto Finance Companies in 2022
The auto loan market is growing at a consistent, with the auto loan market size expected to reach USD 385.42 Billion in 2028, growing at a CAGR of 6.5%. The top auto finance companies in the world are aiming to provide financial services to customers looking to purchase, finance, or lease a vehicle in 2022. How much is the global auto fiance market worth? The global auto loan market size is currently valued at USD 213 billion. The top auto finance companies in the world are Toyota, Ally Financial, and Wells Fargo going by mixed criteria of revenue and market share.
This post will thoroughly breakdown the top 10 auto finance companies of 2022, as well as answer the following pressing questions about the global auto loan market:
- What are the top auto finance companies in the world by revenue and market share?
- What are the leading companies across various other auto finance industries?
- What is the auto loan market size?
- Global auto loan industry stats and trends you should know.
- What are the big 5 auto loan industries?
- How you can connect with the top auto lenders on a B2B level.
91制片厂鈥檚 platform helps businesses discover, track, evaluate, and connect with hundreds of thousands of public and private auto finance companies, including the top companies such as Ally Financial, Wells Fargo, and more. For each company profile, users can access best-in-class supplier intelligence highlighting key products and services, risk of doing business, industry opportunities, key executive information, competitor insights, and much more.
Global Auto Loan Market Stats and Trends
- The global auto loan market size is currently valued at USD 213 billion and is projected to reach USD 385.42 Billion in 2028, growing at a CAGR of 6.5%.
- Toyota is the largest auto lender in the world by revenue, generating USD 272 billion last year.
- Ally Financial is the biggest auto loan lender in the world in terms of market share, owning 5.75% of the market share in the global auto loan market.
- What are the big 5 auto loan industries? The big 5 auto loan industries are auto repair financing, mobile home financing, semi-truck financing, trailer financing, and used car dealer financing.
Top 10 Auto Finance Companies in the World 2022
What are the biggest auto loan lenders in the world in 2022? The following is a list of the top auto finance companies ranked by revenue, market share, and more. We also elaborate on the specifics of the company鈥檚 product and service offerings, its main achievements, and where the world鈥檚 best vehicle finance companies are located.
Rank |
Auto Finance Company |
Market Share |
Revenue (USD billions) |
Headquarters |
1 | Ally Financial | 5.75% | 8.2 | Sandy, Utah, United States |
2 | Wells Fargo | 5.66% | 17.59 | San Francisco, California, United States |
3 | Chase | 4.97% | 115.6 | New York City, New York, United States |
4 | Capital One | 4.17% | 26.03 | McLean, Virginia, United States |
5 | Toyota | 3.93% | 272 | Toyota, Aichi, Japan |
6 | Ford | 3.65% | 134 | Dearborn, Michigan, United States |
7 | Nissan Infiniti | 2.67% | 4.1 | Yokohama, Kanagawa, Japan |
8 | Santander | 2.08% | 41 | Boadilla del Monte, Spain |
9 | Honda | 1.98% | 125 | Tokyo, Tokyo, Japan |
10 | Bank of America | 1.84% | 93 | Charlotte, North Carolina, United States |
What are the largest auto loan companies in the world? Here is 91制片厂鈥檚 list of top 10 auto finance companies in the world ranked on various factors including revenue and market share.
1. Ally Financial
Who is the largest auto finance company in the world? Ally Financial ranks number 1 on our list of the top 10 auto finance companies in the world in 2022. Ally Financial is a leading bank holding company headquartered in Sandy, Utah, United States. Ally Financial has a 5.75% market share in the auto loan market, making it the largest auto finance company in the world by market share. Additionally, Ally Financial generated USD 8.2 billion in revenues last year, making it one of the largest auto loan companies in the world by revenue. Ally Financial provides financial services including car financing, online banking services, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.
- Founded: 1919
- Ally Financial Headquarters: Sandy, Utah, United States
- Ally Financial Revenue: USD 8.2 billion
- Market Share: 5.75%
2. Wells Fargo
Wells Fargo ranks 2nd on this list of the biggest auto loan lenders in the world in 2022. Wells Fargo is a leading American multinational financial services company headquartered in San Francisco, California, United States. Wells Fargo operates in 35 countries with over 70 million customers globally. Last year Wells Fargo generates USD 17.59 billion, making it one of the largest auto finance companies in the world. Wells Fargo holds a market share of 5.66% in the global auto finance industry, making git the 2nd largest auto finance company in the world by revenue. Last year, Wells Fargo also ranked 37th on the Fortune 500 list of the largest companies in the US.
- Founded: 1929
- Wells Fargo Headquarters: San Francisco, California, United States
- Wells Fargo Revenue: USD 17.59 billion
- Market Share: 5.66%
3. Chase
Chase Bank ranks 3rd on this list of the top auto finance companies in the world in 2022. Chase is an American national bank headquartered in New York City, New York, United States. Chase last year generates USD 115.6 billion, making it one of the largest auto finance companies on this list by revenue. Founded in 1799, Chase also holds a large market share in the auto finance market at 4.97%. In addition to being one of the biggest auto loan lenders in the world, Chase is also one of the Big Four banks in the United States.
- Founded: 1799
- Chase Headquarters: New York City, New York, United States
- Chase Revenue: USD 115.6 billion
- Market Share: 4.97%
4. Capital One
Capital One ranks 4th on this list of the top 10 car finance companies in the world in 2022. Capital One is an American bank holding company headquartered in McLean, Virginia, United States. Capital One specializes in credit cards, auto loans, banking, and savings accounts with over 55 branches including 30 caf茅 style locations. Last year, Capital One generated USD 26.03 billion in revenues and currently owns a 4.17% market share in the global auto finance industry.
- Founded: 1994
- Capital One Headquarters: McLean, Virginia, United States
- Capital One Revenue: USD 26.03 billion
- Market Share: 4.17%
5. Toyota
Toyota ranks 5th on this list of the top 10 auto finance companies in the world. Toyota, headquartered out of Toyota, Aichi, Japan, is one of the most recognizable brands in the world so it’s not a surprise the company ranks so high on this list of good car financing companies. Toyota holds a 3.93% market share in the auto finance market and last year generated USD 272 billion, making it one fo the largest companies on this list of the top auto finance companies.
- Founded: 1937
- Toyota Headquarters: Toyota, Aichi, Japan
- Toyota Revenue: USD 272 billion
- Market Share: 3.93%
Related: Get Free Insights for 10,000+ Top Semi Truck Financing Companies
6. Ford
Ford ranks 6th on this list of the top 10 auto finance companies in the world in 2022. Ford is an American multinational automobile manufacturer that is headquartered in Dearborn, Michigan, United States. Ford is known for selling automobiles and commercial vehicles under the brand Ford, and luxury cars under its Lincoln brand. Last year Ford generated USD 134 billion and currently owns a 3.65% market share in the auto finance market.
- Founded: 1903
- Ford Headquarters: Dearborn, Michigan, United States
- Ford Revenue: USD 134 billion
- Market Share: 3.65%
7. Nissan Infiniti
Nissan Infiniti ranks 7th on this list of the top 10 auto finance companies in the world. Infiniti is the luxury vehicle division of the Japanese automaker Nissan and currently generates about USD 4.1 billion a year. Nissan Infiniti is headquartered out of Yokohama, Kanagawa, Japan, and owns a 2.67% market share of the global auto finance market.
- Founded: 1989
- Nissan Infiniti Headquarters: Yokohama, Kanagawa, Japan
- Nissan Infiniti Revenue: USD 4.1 billion
- Market Share: 2.67%
8. Santander
Banco Santander ranks 7th on this list of the top auto finance companies in the world in 2022. Banco Santander is a Spanish multinational financial services company based in Madrid and Santander in Spain. On top of being one of the biggest auto loan lenders, Santander is also the 16th-largest banking institution in the world. Last year Banco Santander generated USD 41 billion and currently holds a 2.08% market share of the global auto loan market.
- Founded: 1989
- Santander Headquarters: Boadilla del Monte, Spain
- Santander Revenue: USD 41 billion
- Market Share: 2.08%
9. Honda
Honda is a Japanese public multinational conglomerate automobiles manufacturer, that is currently headquartered in Minato, Tokyo, Japan. Hona ranks 9th on this list of the top 10 auto finance companies in the world and with revenues of USD 125 billion annually. Honda also manufactures motorcycles, and power equipment and provides vehicle financial services. Honda currently owns a 1.98% market share of the global auto finance market.
- Founded: 1946
- Honda Headquarters: Tokyo, Tokyo, Japan
- Honda Revenue: USD 125 billion
- Market Share: 1.98%
10. Bank of America
Rounding out this list of the top 10 auto finance companies in the world is Bank of America. The Bank of America is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. Last year Bank of America generated USD 93 billion 鈥 making it one of the largest auto loan lenders in the world in terms of revenues. Bank of America currently owns a 1.84% market share in the global auto finance market.
- Founded: 1998
- Bank of America Headquarters: Charlotte, North Carolina, United States
- Bank of America Revenue: USD 93 billion
- Market Share: 1.84%
This is 91制片厂鈥檚 list of the top 10 auto finance companies in the world. These companies are changing the quality of financial services being provided in the global auto finance market. Reach out to these companies and figure out their best business practices when it comes to modern vehicle financing.
The Future of the Auto Finance Market
Going forward, online shopping is influencing every sector, including the automotive industry. Expect the top auto finance companies to start investing more in online shopping channels. Expect online investment to continue being led by the top 10 auto finance companies in the world in 2022 and going forward. Visit 91制片厂 and learn more about the biggest auto loan lenders.
Additional Auto Finance Companies in 2022
Outside of just the top 10 biggest auto loan lenders, this is the complete list of the top auto finance companies.
Rank |
Auto Finance Company |
Market Share |
Revenue (USD billions) |
1 | Ally Financial | 5.75% | 8.2 |
2 | Wells Fargo | 5.66% | 17.59 |
3 | Chase | 4.97% | 115.6 |
4 | Capital One | 4.17% | 26.03 |
5 | Toyota | 3.93% | 272 |
6 | Ford | 3.65% | 134 |
7 | Nissan Infiniti | 2.67% | 4.1 |
8 | Santander | 2.08% | 41 |
9 | Honda | 1.98% | 125 |
10 | Bank of America | 1.84% | 93 |
11 | Chrysler Capital | 1.72% | 0.84 |
12 | TD Auto | 1.70% | 0.53 |
13 | Credit Acceptance | 1.32% | 1 |
14 | Carmax | 1.19% | 30 |
15 | US Bank | 1.08% | 23 |
16 | GMF Americredit | 1.08% | 13 |
17 | USAA FSB | 1.07% | 36 |
18 | Huntington | 1.04% | 6 |
19 | Kia Motor Finco | 0.83% | 0.08 |
20 | PNC Bank | 0.82% | 20 |
In addition to the top auto finance companies, there are various other auto finance industries to keep an eye on in 2022.
The Largest Mobile Home Financing Companies
Auto financing extends to mobile homes. These are the top 5 mobile home financing companies in the world in 2022.
1. Vanderbilt Mortgage and Finance, Inc.
2. 21st Mortgage Corporation
3. ManufacturedHome.Loan
4. eLEND
5. Manufactured Nationwide Home Loans
Check out the full list of the top mobile home financing companies on 91制片厂.
The Largest Auto Repair Financing Companies
When it comes to financing your car repair, there are many auto repair finance companies leading the way in 2022. These are the top 5 auto repair financing companies in the world in 2022.
1. Auto Approve
2. LendingTree
3. RefiJet
4. Auto Credit Express
5. myAutoloan
Check out the full list of the top auto repair financing companies on 91制片厂.
Additional Companies from the Auto Loan Market
Network with the complete list of auto financing companies only on 91制片厂.