BMW Australia Ltd.’s financial services division is celebrating its 20th anniversary in a strong position with a lending book of almost A$5 billion ($3.96 billion), making it one of the biggest car manufacturer finance companies of its type in Australia. “We are here to stay and to grow even stronger,” BMW Financial Services Australia Managing Director Alan Crookes says in a statement. “Our long-term forecast for the Australian market is very positive.” The financial arm funds about half ...

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