What kind of company is BMW Finance?

BMW Auto Finance (China) Co., Ltd. will carry out retail and wholesale financial services and leasing business to support all products manufactured by BMW Group. Wholesale financial services provide bicycle financing financial products for BMW dealers in new cars and test drives; Retail financial services provide standard retail loans, flexible loans and used car loan products for vehicles sold by BMW dealers. The services provided by BMW Auto Finance (China) are of great value to high-end customers who need exclusive and flexible financial solutions, and will further enhance their brand image. BMW's auto finance services have been put into trial operation in dealers in Beijing, Shanghai, Guangzhou, Shenyang and Chongqing. And on 20 10, a financial leasing service similar to Chuangfu Auto Finance was launched. \x0d\ The current and future product design of BMW Auto Finance (China) Co., Ltd. is dedicated to solving the cost problem of vehicle ownership for BMW customers. This has played a key role in BMW Group's long-term commitment to China market and customers, making BMW and MINI products more attractive, further narrowing the distance between products and corresponding customer groups, and promoting sales growth. \x0d\ BMW Finance is one of the pillar businesses of BMW Group. As an independent global operation organization, BMW Finance was established in 1970s, initially focusing on the German market, covering more than 50 markets around the world. BMW's total financial business reached 70 billion euros, serving 3 million customers, and its pre-tax profit reached 9190,000 euros. Globally, BMW Finance not only includes simple loan and leasing business, but also provides diversified products and services covering six major businesses. BMW Finance is not only a successful profit-making unit, but also has made great contributions to maintaining customer loyalty and provided strong support for the sustained growth of BMW Group. \x0d\ BMW Finance is a subsidiary of BMW Group, and its business covers more than 50 countries and regions around the world. It is one of the largest auto finance companies in the world. Its vision is: as a global and profitable excellent financial service provider, it will make the greatest contribution to BMW's strategic goal of becoming the world's number one.