New Facility for BMW Financial
October 15, 2004
Filed under Features
BMW Financial Services is building a multi-million dollar international customer service center in Hilliard, Ohio. A ground-breaking ceremony took place Oct. 14. BMW Financial Services was established in 1992 as a captive finance company to support the sales and marketing efforts of the BMW Group in North and Latin America. With more than $15 billion in managed assets and nearly 500,000 customers, BMW FS leases or finances more than half of the new BMW vehicles sold in the U.S. BMW FS employs more than 700 people, most of whom are located in the Dublin, Ohio.
BMW Financial Services says it has experienced a 190% increase in managed assets since it was launched in Dublin in 1996.