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Daimler to expand Mercedes-Benz Bank – invests € 500 mln


German carmaker Daimler plans to invest some 500 million euros ($696 million) to expand its Mercedes-Benz Bank and to add customer loans, besides providing loans to dealers only, the company said on Monday. “Between now and 2018, we will be spending some 500 million euros ($696 million) on our European business. We are preparing the way for further volume growth, improve ...
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