Daimler Truck Financial Services expands its global footprint and begins operations in Spain. The financial services provider has started as a new company in December 2021 and is now active in 14 countries. This year business was already launched in Argentina, Belgium and Netherlands, Italy, United Kingdom, Türkiye. Daimler Truck Financial Services is one of the world’s largest financial services providers in the commercial vehicle sector with a global contract volume with leasing, financing and insurance of 20.9 billion Euro (end of June 2022).
Stephan Unger, Member of the Board of Management of Daimler Truck AG for Financial Services, and CEO of Daimler Truck Financial Services. “We are expanding our footprint to support the sale of our truck and bus brands all over the world. The growth strategy of Daimler Truck Financial Services includes new markets, to accelerate the core business of leasing and financing and the development of new service solutions around connectivity, payment and electric transportation.”
With the start in Spain, Daimler Truck Financial Services is now active in six major truck markets in Europe. The company plans to launch business in Germany and France in the near future. “We develop our new markets as fully integrated parts of Daimler Truck. Our organization, product development, sales systems and processes are completely designed for commercial vehicle customers”, says Bernd Barth, Head of Daimler Truck Financial Services Europe and South America.
Juan Carlos Angeles Sanchez, Managing Director of Daimler Truck Financial Services Spain added: “We are very excited to become part of the Daimler Truck world. We at Daimler Truck Financial Services Spain are committed to offer our customers the best in class and ad-hoc financing and leasing that fits their needs.”
SOURCE: Daimler Truck