daimler finance arm expects record year after 1h gains
Last Updated : GMT 09:40:38
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Last Updated : GMT 09:40:38
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Daimler finance arm expects record year after 1H gains

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Themuslimchronicle, themuslimchronicleDaimler finance arm expects record year after 1H gains

Daimler’s finance arm said it was heading
Berlin - Muslimchronicle

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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daimler finance arm expects record year after 1h gains daimler finance arm expects record year after 1h gains

 



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