Daimler’s finance arm said it was heading for another record year after signing nearly 1 million new leasing and finance contracts between January and June.
Daimler Financial Services, which handles customer financing and leasing for the German carmaker, expects a significant increase in new business this year and further growth in leasing and finance contracts, backed by expanding sales of Mercedes-Benz luxury cars, it said on Sunday.
New business at the division jumped 19 percent in the first six months to €34.7 billion ($40.77 billion), with earnings before interest and tax up 15 percent, the company said.
The portfolio of globally financed and leased vehicles increased 17 percent to 4.6 million vehicles with a total sales value of €134 billion, the Stuttgart-based company said.
The company more than doubled the number of customers worldwide using its mobility services, including Car2Go car sharing to 14.5 million people, it said
sorce:Arab News
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