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Daimler Financial Services expects record operating profit this year


Daimler estimates that its financial services business will grow profitably in 2013 after the company forecast a record €1.3 billion in operating profit for 2012. In the first ten months of the year, Daimler Financial Services posted all-time highs for new business and contract volume, and its operating profit (EBIT) rose above €1 billion for the first time in the first ...
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Volkswagen to increase car financing in Europe
Volkswagen AG plans to expand financial backing for its vehicles in Europe by one-third in order to consolidate customers' loyalty. Europe's largest carmaker will finance or lease 40 percent of new ...
UK: more than half of new cars bought on forecourt finance in 2010
More people chose to buy a new car using finance through a car dealer than any other finance option in 2010. 52.1% of new cars bought last year were bought ...
US Auto Finance Rates Hit New Low In March
Average automobile finance rates in the U.S. dropped to the lowest levels since at least 2002 in March, according to automotive information aggregator Edmunds.com, with embattled Toyota heading the list ...
Ford will offer payment delays for customers who were hit by IKE hurricane
Ford Motor Credit Company announced that is offering customers affected by Hurricane Ike the option to delay some car payments. Ford Motor Credit’s Disaster Relief Program allows qualified customers to ...

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