BMW launches financial services arm


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GURGAON: The BMW Group launched BMW Financial Services as a new business entity in India. It is headquartered in Gurgaon. It will offer solutions for retail automobile financing for BMW and multi-make customers and financing for fleet owners. The group will invest $50 million (Rs. 203 core) in BMW Financial Services in India, says a release.— Corporate Reporter


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Good to hear !

Every Automobile manufacturer is entering into Financial solutions.

Where will this lead to ? More cars on Road ?
 
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Yes maybe but even without the likes of Bmw and Merc offering their services our automobile scenario is on a boom!
 
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