BMW Financial Services reported a 5% jump in pre-tax profit to €1.6 billion ($2.3 billion) in 2013 as it helped the car manufacturer to an overall net profit of €5.3 billion ($7.3 billion). The financial services business matched expectations but exceeded targets at the group, achieving a 20.2%, return on equity. A primary driver for BMW FS’s strength was the retail customer base and a return in consumer confidence, claimed BMW.