BMW AFC CEO expresses confidence in Chinese market

The financial arm of German auto company has laid the foundation for providing better services and supporting climbing sales, with a continually growing number of employees that always keep the customers in mind.

BMW Automotive Finance China Co Ltd, or BMW AFC, had completed three rounds of capital injections from 500 million yuan to 4.8 billion yuan ($75.61 million to $725.81 million), and now increased it to 9.8 billion yuan in September this year, making it the top auto finance company in terms of registered capital in China.

"The fourth capital injection is yet another example of our confidence in China," Uwe Stadtler, CEO of BMW AFC, told China Daily in an exclusive interview in Beijing.