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BMW banks on car finance arm

And so it continues. As previously reported on carfinance24/7, the main German manufacturers are all in a civil war to reign supreme in the growing markets of China and India.

And so it continues. As previously reported on carfinance24/7, the main German manufacturers are all in a civil war to reign supreme in the growing markets of China and India.

BMW has made a tactical move in the Indian market by announcing its new finance subsidiary. BMW Financial Services will serve as retail finance, commercial finance and insurance solutions.

The Bavarian brand plans to invest $50 million into the new venture this year. And if the trend continues, it’s going to take a big counter-attack by its rivals to stop BMW taking supremacy.

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