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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 ...
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