Dealing with anything financial has been the norm for car manufacturers for many decades.
Germany's Volkswagen for example has its own insurance and banking arm. The bank got established in 1949, however I couldn't find out when they expanded in insurance.
Kinda makes sense - selling cars is a cut-throat business with ever tighter margins, the real money is to be made in financing/leasing, insurance and aftersales services.
Germany's Volkswagen for example has its own insurance and banking arm. The bank got established in 1949, however I couldn't find out when they expanded in insurance.
Kinda makes sense - selling cars is a cut-throat business with ever tighter margins, the real money is to be made in financing/leasing, insurance and aftersales services.