BMW launches financial services arm

[cooldhaya]

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


Source:Hindu

 

[Zinam]

Good to hear !

Every Automobile manufacturer is entering into Financial solutions.

Where will this lead to ? More cars on Road ?

 

[cooldhaya]

Yes maybe but even without the likes of Bmw and Merc offering their services our automobile scenario is on a boom!