Mercedes to enter financing business


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NEW DELHI: Mercedes-Benz on Friday said it was planning to enter the financing services business in India, a move aimed to further boost the sales of German luxury carmaker. “We are in the preparation phase for a Daimler Financial Services operation in India to support all the Daimler commercial vehicle and passenger car brands in the market,” said Mercedes Benz India Managing Director and CEO Wilfried Aulbur, without revealing when the operations will begin

Mr. Aulbur said that the company was also extending the reach of its pre-owned car business, Proven Exclusivity, from four cities to across all locations where its dealer network was present.


Source:Hindu
 
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