Posted on Oct 1, 2015

BMW Financial Services steps up investment in India

The BMW Group has increased its investment in BMW Financial Services India to 6.4 billion Indian Rupees (€ 98 million) in 2015 from 5.3 billion Indian Rupees (€ 80 million) in 2012.

Dr. Stefan David Schlipf who is the Managing Director and Chief Executive Officer at BMW Financial Services India said,

BMW Financial Services India has successfully established itself as the leading provider of customized financing solutions and premium services and the new investment will help us in further enhancing our portfolio. This investment reinforces BMW Group’s long-term commitment to India which is an important market for us. We are dedicated to provide a ‘complete brand experience’ to our customers, be it in terms of tactical delivery of products or service quality.

The ideal partner for private and corporate customers, BMW Financial Services offers an extensive product portfolio including financing, leasing, insurance (as corporate agent) and dealer financing. BMW Financial Services takes the BMW ownership experience to a new level of luxury with individually tailored payment plans, attractive offers, quick approvals with fast turn-around time and special loyalty benefits.

Mr. Philipp von Sahr who is the President of BMW India said,

In the world of BMW, world-class isn’t limited to the vehicles that we engineer. It also finds its way into the services that we offer. BMW Financial Services completes the circle of ‘Sheer Driving Pleasure’ by providing complete peace of mind to BMW customers with transparent financial solutions to make the transition from showroom to the road. BMW Financial Services is an integral part of our operations in India and has made significant contribution to BMW Group’s growth in this market.

Also read: BMW slashes price for its “Made in India” cars