BMW Financial Services Reports Good Performance in 2013

BMW Financial Services Logo 1 photo
Over the first three months of 2013, BMW's Financial Services business performed well and both revenues and earnings reached new record levels.
Overall, the segment revenues increased by 0.6% to €4,830 million ($6,358 million) and profits, before tax, added up to €449 million ($591 million), registering a 3.5 percent increase over the same period of last year.

The number of new lease and credit financing contracts signed increased by 11.2 percent, reaching 340,328 (305,984 in 2012). The workforce factor also increased by 5.1 percent. The total number of employees reached 106,470 5,210 more than in the same 3 month period of last year.

However, the BMW Groups want to hire even more people. At the moment, they are looking for skilled workers and engineers, in order to keep up with the continuous rising demand for automobiles and new technologies on the market.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories