360° - Interview with Klaus Entenmann
Klaus Entenmann, Chairman of Daimler Financial Services, answers five questions on the mobility transformation.
Q3 Report 2018 - Daimler Financial Services
- New business down by 5%
- Contract volume grows to €149 billion
- Equity interest in used-car platform heycar
- EBIT significantly below prior-year level at €392 million (Q3 2017: €508 million)
Record year 2017
Daimler Financial Services concluded 1.9 million new financing and leasing contracts worth a total of €70.7 billion in 2017. The total value of all new contracts rose by 14% compared to the prior year. About half of all new-vehicle sales by the automotive divisions in 2017 were supported by sales financing from Daimler Financial Services.