Record Year 2016
Klaus Entenmann, Chairman of the Board of Management of Daimler Financial Services AG: "We already provide financing or leasing arrangements for one in two new vehicles from Daimler. For the full year 2016 we are expecting to achieve record figures for new business, contract volume and overall revenue." Daimler Financial Services increased its contract portfolio for the first time above the four-million mark. "Passing four-million contracts for the first time this year is an important milestone. Our growth course will continue through 2017. We will continue to invest in digital and networked mobility solutions and position ourselves as a leading finance and mobility services provider", is Entenmann's outlook at the end of a successful 2016.
For the very first time, the value of all automobiles, vans, trucks and buses around the world that are financed or leased through the company exceeds 125 billion euros. This represents an increase in contract volume of almost ten billion euros compared with the end of 2015. This development is largely attributable to strong growth in Europe (plus 8%) and China (plus 19%). The bottom line saw earnings for the first three quarters of the year rise to more than 1.3 billion euros (plus 9%).
Please read the full press information on the Daimler media Site.