Daimler financing record

Daimler Financial Services is on track to set new records in 2014. The company is currently leasing or financing more vehicles, including buses, than ever before. In the first ten months of the year, the company initiated roughly 1.1m new financing or leasing contracts worldwide with a total value of €38bn/£30.26bn (up 13%). For the coming years, Daimler Financial Services expects a positive development. Chairman of the Daimler Financial Services Board of Management, Klaus Entenmann, said, ‘We posted an EBIT of nearly €1.1bn/£0.88bn in the first three quarters of 2014; this represents an increase of 14% compared to the same period of the prior year and a new all time record.’